Biodiesel for Home Heating
6 January 2005
Dow Jones Newswires reports that some distributors of heating oil and diesel in the Northeast are selling B20 biodiesel for home heating use. The tax credit that went into effect 1 Jan allows biodiesel to be price competitive with regular home heating oil.
The move gives heating-oil consumers a means to lower their output of sulfur and other harmful emissions. If it catches on, the use of biodiesel could go a long way to ease the periodic supply constraints in the Northeast, the nation's main heating oil market.
“People see the win-win situation of having a premium product at the same price,” said Dave Schildwachter, a principal of the family owned business. “It improves the environment, because there is no sulfur in soybean; it reduces our need to import oil from the Middle East; and it helps our farmers.”
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