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| BIOGREEN FUELS CORP. |
| More Than 100 Scientists Declare Support for Biodiesel ! |
More Than 100 Scientists Declare Support for Biodiesel Two University Deans Join “Growing Chorus”
JEFFERSON CITY, MO. – More than 100 scientists, including two University Deans, have gone on record in the
past four months in support of biodiesel by signing the “Scientists for Biodiesel” declaration, putting science
squarely on the side of this important alternative fuel.
Thomas Payne, Vice Chancellor and Dean at the University of Missouri School of Agriculture, sees biodiesel
as playing “a key role in our nation’s future energy and environmental security.” He added, “I am proud to add
my voice to the growing chorus of scientists who are singing the praises of biodiesel and advocating for an
increased commitment that will ensure that biodiesel reaches its full potential as a vital U.S. energy source.”
Scientists from U.C. Berkeley, Texas Tech, Penn State, the National Renewable Energy Laboratory (NREL), U.
S. Food and Drug Administration (FDA) and Sandia National Laboratories, to name just a few, recognize both
the promise of sustainable biodiesel and the need for increased investment in biodiesel research and
development.
Dean of the College of Agriculture and Life Sciences and director of the Experiment Station at Iowa State
University, Wendy Wintersteen, stressed the importance of a strong voice from the scientific community.
“Scientists believe that research and innovation will continue to enhance the sustainability and efficiency of
biodiesel,” she said. “With over 100 signatories, this declaration demonstrates the strength and breadth of
support for biodiesel within the scientific community.”
“Our industry is at a critical juncture as we await details on implementation of the Renewable Fuel Standard,
and the future of the biodiesel tax incentive remains uncertain,” said National Biodiesel Board (NBB) CEO Joe
Jobe. “This show of support from the scientific community will hopefully help people see through the
misinformation that defenders of the status quo have spread.”
The “Scientists for Biodiesel” declaration was announced in early February by Dr. Rob Myers, a director of the
Thomas Jefferson Agricultural Institute, and Roger Beachy, President of the Donald Danforth Plant Science
Center. The declaration highlights biodiesel’s sustainability and its benefits to reduce dependence on
petroleum, help address climate change and boost domestic economies. It also calls for more investment into
the scientific needs associated with this vital bioenergy source. More information, the full text of the declaration
and a list of scientists who have signed, as well as the sign up site for scientists, are available at www.
biodieselsustainability.com.
Biodiesel is a cleaner burning, advanced biofuel made from renewable resources. It is domestically produced
from a range of readily available products like soybean and other plant oils, animal fats, recycled restaurant
grease, and waste grease. In addition work continues on new renewable fuel sources, including algae, to
bolster what is already the most diversified fuel on the planet.
| The Last Fair Deal in the Country... |
| (Updated 5/18/10) |
BIOGREEN FUELS CORP.
Biodiesel Cost
The cost of biodiesel is higher than diesel fuel. Currently, there are seven producers of biodiesel in the United
States. Pure biodiesel (100%) sells for about $1.50 to $2.00 per gallon before taxes. Fuel taxes will add
approximately $0.50 per gallon. A mix of 20% biodiesel and 80% diesel will cost about 15 to 20 cents more
per gallon over the cost of 100% diesel. Some suppliers are selling a 2% biodiesel mix at the same price as
diesel, but this price will probably not continue into the future. A more realistic price would be about 1 to 2
cents more per gallon than diesel. These prices would be more attractive to people. The U.S. Department of
Energy is working with the biodiesel industry to reduce the cost of biodiesel. A subsidy for the industry similar
to that for other alternate fuels may be needed to promote the fuel. Improvements in processing along with the
use of waste cooking oil as a raw material may help reduce costs.
The cost of biodiesel is higher than diesel fuel. Currently, there are seven producers of biodiesel in the United
States. Pure biodiesel (100%) sells for about $1.50 to $2.00 per gallon before taxes. Fuel taxes will add
approximately $0.50 per gallon. A mix of 20% biodiesel and 80% diesel will cost about 15 to 20 cents more
per gallon over the cost of 100% diesel. Some suppliers are selling a 2% biodiesel mix at the same price as
diesel, but this price will probably not continue into the future. A more realistic price would be about 1 to 2
cents more per gallon than diesel. These prices would be more attractive to people. The U.S. Department of
Energy is working with the biodiesel industry to reduce the cost of biodiesel. A subsidy for the industry similar
to that for other alternate fuels may be needed to promote the fuel. Improvements in processing along with the
use of waste cooking oil as a raw material may help reduce costs.
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