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NYCLHVCC 4 th Annual Stakeholder Meeting May 10, 2012 Tom Verry

NYCLHVCC 4 th Annual Stakeholder Meeting May 10, 2012 Tom Verry. Estimated U.S. Biodiesel Production by Calendar Year. RFS-2 Implemented Biodiesel Tax Credit Extended. Volume in Gallons. 1.1 Billion. Economic Downturn RFS2 Uncertainty Lapse of Biodiesel Tax Credit. 691 Million.

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NYCLHVCC 4 th Annual Stakeholder Meeting May 10, 2012 Tom Verry

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  1. NYCLHVCC 4th Annual Stakeholder Meeting May 10, 2012 Tom Verry

  2. Estimated U.S. Biodiesel Production by Calendar Year RFS-2 Implemented Biodiesel Tax Credit Extended Volume in Gallons 1.1 Billion Economic Downturn RFS2 Uncertainty Lapse of Biodiesel Tax Credit 691 Million 545 Million 500 Million 2005 2006 2007 2008 2009 2010 2011 315 Million 224 Million 112 Million

  3. An Advanced Biofuel Available Now Over 150 Biodiesel plants nationwide with over 2.0 Billion GPY of Capacity

  4. Biodiesel and biodiesel blends are now available nationwide from more than: • 1,500 Distributors • 1,330 Retailers • 775 Truck Stops • 3,700 Public Locations Total • Visit the NBB website at: www.biodiesel.org/buyingbiodiesel/orwww.biotrucker.comto view biodiesel retailers near you, by state, or along a route Distribution Infrastructure

  5. Using Biodiesel is easy! B20 and lower blends are a drop-in replacement for diesel fuel Can be used in any diesel engine / vehicle without modification, according to OEM’s recommendations Dispensed through existing fueling stations Ease of Use & Performance

  6. OEM Support 65% heavy duty Diesel engine Mfg.’s support B2090% Medium Duty Diesel engine mfg.’s support B20Visit www.biodiesel.org/resources/oemsfor OEM positions

  7. Better For Your Health Biodiesel is: Biodegradable Nontoxic: LD50 =17.4 g/Kg - less toxic than table salt Skin irritation less than that of 4% soap and water solution Safer to handle: Flash point above 200 Degrees F, Non-Reactive, Non-Corrosive Compared to petrodiesel, biodiesel reduces black smoke (particulates), Carbon Monoxide, and harmful unburned hydrocarbons that cause smog.

  8. U.S. biodiesel reduces lifecycle carbon emissions by 57% – 86% compared to petrodiesel, qualifying it as an Advanced Biofuel under RFS-2 and making it the best carbon reduction tool of any liquid fuel commercially available. • Biodiesel from Waste Oils, Waste Grease and Animal Fats = 86% reduction in GHG Emissions • Biodiesel from Soy based oils = 57% reduction in GHG Emissions Lower Emissions

  9. Biodiesel is produced from a variety of renewable resources, such as plant oils, animal fats, recycled grease, and even algae, making it one of the most sustainable fuels on the planet. With biodiesel, you don’t sacrifice food for fuel. Oils and fats for biodiesel are a minor by-product of producing food for humans and animals.– Soybeans are 80% protein, 20% oil– No one grows livestock for its fat content– No one cooks more fried food to get used oil for biodiesel Sustainability

  10. Biodiesel has the highest energy balance (5.54 : 1) of any commercially available fuel, returning 5.54 units of renewable energy for every 1 unit of fossil energy needed to produce it. Compression Ignition Platform (i.e. diesel engine system) is 30% More Fuel Efficient Than Spark Ignition (i.e. gasoline, CNG, propane) High Energy Balance

  11. Biodiesel production reduces our dependence on foreign oil from unstable parts of the world, while expanding and diversifying our domestic refinery capacity. • Biodiesel is a low cost option for turning oils and fats into usable fuel diesel applications: • Low capital cost for facilities • Low processing costs • 80% of product cost is from oil/fat • Biodiesel produced in the U.S. in 2011 displaced 3% of on road diesel. Energy Security

  12. Thank You!

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