StockGuru Blog: Better Biodiesel – States Knocking Off Sales Tax on Biodiesel
BBDS - Better Biodiesel: States Knocking Off Sales Tax on Biodiesel. Cost is King in the World of Biodiesel. Knocking off the state sales tax associated with biodiesel is a boon for the industry and many are doing just that. Translation: consumers will want this! Biodiesel is in the end a commodity and cost is king! Better Biodiesel is made from “feedstock” which is primarily derived from animal fats and greases. Better Biodiesel uses various grades of animal fats, such as beef tallow, pork lard, chicken fat, and greases for renewable feedstock. Biodiesel offers higher cetane levels, lower nitrogen oxides…