September 1, 2014

Tech Spotlight

Biodiesel Economics

Barbara Miracle | 6/1/2006
What's really driving the biodiesel business today isn't environmentalism or concerns about reliance on foreign oil. It is economics.

PRODUCERS: The 2002 Farm Bill provided federal subsidies of up to $150 million a year total to biodiesel and ethanol refineries. That program is slated to end in 2008.

BLENDERS: A federal jobs bill that took effect in 2005 gave companies that mix agriculture-based biodiesel with regular diesel a tax credit of a penny per percentage of biodiesel. For example, making B99 would get a tax credit of 99 cents per gallon. Biodiesel made with waste cooking oil only gets a half-cent per percentage of biodiesel.

Tags: North Central, Energy & Utilities

Digital Access

DIRECT DIGITAL ACCESS
Add digital to your current subscription, purchase a single ditgital issue, or start a new subscription to Florida Trend.

TABLE OF CONTENTS
An overview of the features and articles in this month's issue of Florida Trend.

ACCESS THIS ISSUE »

Florida Business News

Florida Trend Video Pick

Disney's Hoop-Dee-Doo still serving up laughs, dinner after 40 years
Disney's Hoop-Dee-Doo still serving up laughs, dinner after 40 years

The Hoop-Dee-Doo Musical Revue will mark its 40th anniversary this week after more than 37,000 dinner-show performances at Pioneer Hall, tucked away in Disney's Fort Wilderness campground.

Earlier Videos | Viewpoints@FloridaTrend

Ballot Box

When will you retire?

  • Soon - within a year
  • 2-3 years from now
  • 4-6 years from now
  • 6-10 years from now
  • 10+ years from now
  • I can't envision retiring
  • Already retired!

See Results

Ballot Box
Subscribe