Rep. Gene Green Stresses Importance of Biodiesel Industry on Texas Economy
December 4, 2009
Washington, DC – Representative Gene Green and a bipartisan group of Texas representatives sent a letter to House leadership urging them to extend biodiesel and renewable diesel excise tax credits before they expire on December 31, 2009. The letter emphasizes importance of an extension of the tax credits to promote green jobs and domestic production of low carbon, renewable energy sources.
Representative Gene Green was joined by Texas Representatives Al Green, Chet Edwards, Silvestre Reyes, Solomon Ortiz, Rubén Hinojosa, Henry Cuellar, Ciro Rodriguez, Charlie Gonzalez, and Joe Barton, in sending a letter to Speaker Nancy Pelosi, Majority Leader Steny Hoyer, and Chairman of the Committee on Ways and Means, Charlie Rangel, urging the value and need for an extension of renewable energy tax credits in the tax extenders package expected to come before the House of Representatives before the end of the year.
“It is both fiscally and environmentally responsible to extend these tax credits and to promote the development of biodiesel here at home,” said Green. “Texas jobs depend on this industry and the nation depends on the domestic development of renewable energy sources in order to move us away from our dependence on foreign oil.”
Across the nation, the biodiesel industry supported over 50,000 jobs in just this past year. Texas is the leading producer of biodiesel in the nation and the industry supported up to 8,600 jobs in the state. In addition to the economic impact of biodiesel in Texas and across the country, biodiesel and other renewable energies reduce dependence on foreign oil. Biodiesel is made from renewable resources and has lower direct greenhouse gas emissions compared to petroleum diesel.
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