The "blender" tax credit that passed at the end of 2012 isn't helping the biodiesel industry much. At the time of its passage, it was celebrated as a "Triple Win for Biofuels," but one month into 2013 margins for Soy Methyl Ester (SME) biodiesel, the biodiesel made from soybean oil, are still negative. Soybean oil is by far the most commonly used feedstock, 5x more soybean oil is used than its nearest competitor canola oil, so if SME is struggling, many firms in the industry are struggling, but like any situation, there will be winners and losers. This article will examine who is making money and who isn't in the biodiesel/alternative energy industry.
First, the winners and losers...
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