Domestic Biodiesel Viability in the US vs EU

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2017-12-01
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Anderson, Arianna
Hakanson, Kate
Squier, Luke
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TSM 325 Biorenewable Systems Posters
Agricultural and Biosystems Engineering
Iowa State University undergraduate students enrolled in TSM/ABE 325 Biorenewable Systems (taught by Professor Tom Brumm) present their research related to biorenwables.
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Abstract

Biodiesel is used to a greater extent in the EU than the US. Tax incentives in the US have not been renewed for small businesses, as seen below. EU provides producer tax exemption if under 2,500 L biodiesel production. Ethanol is the most taxed transport fuel in the EU, while it is viewed as the biofuel of choice in the U.S. Inconsistencies in the RFS are unfavorable to biodiesel production in the U.S. The EU and US share little in terms of public policies and financial support of biodiesel -EU supports it to a great extent, US doesn’t. A weak amount of social involvement is the root cause of lack of biodiesel policies in U.S. Increasing public knowledge could improve this

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