Legislation Introduced in House Supports Second Generation Biofuels

The Renewable Fuels Association is applauding the introduction of the Second Generation Biofuels Extension Act of 2013 by California Representative Scott Peters. The legislation would extend the Second Generation Biofuel Producer Credit and the Special Allowance for Second Generation Biofuel Plant Property. RFA President and CEO says Peters understands the need for Americans to have access to a renewable, low-cost alternative to gasoline. He says Peters should be commended for taking a stand and fighting for the future of next generation biofuels. Dinneen says investors need certainty - and extending the tax credits for second generation biofuels will boost investment and innovation in cellulosic and advanced biofuels.

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