DANIEL LOOKER, Business Editor.After meeting with Republican leaders Tuesday morning Senator Chuck Grassley, the ranking GOP member of the Senate Finance Committee, told reporters that 71 tax credits that expired in 2009 as well as credits expiring this month will be renewed to last through the end of 2011 as part of the tax deal worked out between Congress and the White House.

“I’m led to believe the extenders of 2009 would be extended for the years 2010 and 2011,” the Iowa Senator said. That would be good news for the struggling biodiesel industry, which lost its $1-a-gallon tax credit at the end of 2009. Leer más »

The 100 Mgy Imperium Renewables  facility in Grays Harbor, Washington.

Back in 2008 the death watch began on Imperium Renewables.

Though its 100 Mgy multi-feedstock plant in Grays Harbor was, at the time, the largest and most modern biodiesel facility in the US, the company lost its CEO, withdrew a planned IPO, and was forced to cancel a potentially lucrative Hawaiian development project that would have supplied biodiesel to Hawaiian Electric (HECO). Leer más »