Goal Set for Biodiesel to be 10% of On-Road Diesel Market by 2022
The National Biodiesel Board announced a goal for biodiesel to make up 10% of the on-road diesel market by 2022.
NBB said the goal is intended to be a 鈥渟tretch but yet attainable,鈥 and takes into account future technological breakthroughs.
Eight years ago the board set a goal for biodiesel to be 5% of the diesel fuel supply by 2015 and听NBB said the industry could hit that goal earlier than expected.
鈥淚t is not about replacing every drop of petroleum; it is about continuing to diversify transportation energy so we can meet our needs affordably and sustainably,鈥 said Joe Jobe, CEO, National Biodiesel Board.
Biodiesel is diesel fuel blended with vegetable oils and waste oils from renewable sources.
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