The National Biodiesel Board (NBB) praised bipartisan legislation introduced today
by Rep. Lloyd Doggett (D-TX) to prevent large integrated oil companies from
exploiting a federal tax incentive designed to stimulate biodiesel and renewable
diesel production.

The bill, entitled the Responsible Renewable Energy Tax Credit Act of 2007, would
prevent oil companies from claiming a one dollar-per-gallon tax credit when using
small amounts of biomass as an ingredient in making diesel fuel. Under the Doggett
legislation, producers making renewable diesel solely from renewable sources would
continue to be eligible for the credit.

Go to http://nbb.grassroots.com/07Releases/Doggett for more details.

-National Biodiesel Board