"USDA's Vilsack Backs Revival Of Biodiesel Credit"

"Agriculture Secretary Tom Vilsack urged Congress on Thursday to reinstate the $1 a gallon biodiesel tax credit, calling it "an important credit" and "a support mechanism" for renewable fuels.

The credit expired at the end of 2009.

Farm groups and allies in Congress are seeking a revival retroactive to January 1, but do not have a legislative vehicle for it."

Charles Abbott reports for Reuters February 22, 2010.

Source: Reuters, 02/22/2010