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Legislative Memo

BILL:

S.7528 (Rules @ Request of Marcellino)

Support

SUBJECT:

"Bio-Diesel"

 

DATE:

June 21, 2004

 

The Business Council opposes this legislation that would prohibit the sale of ultra low sulfur diesel fuel unless it included bio-diesel as a lubricant additive.

The Business Council opposes this legislation for a number of reasons:

In short, this proposed mandate would primarily benefit manufacturers of bio-diesel, while imposing additional costs on the rest of the state's economy.

If the New York State legislature wants to subsidize the development of alternative fuels such as bio-diesel, it should be done through mechanisms such as targeted tax credits, not by imposing additional costs on the statewide economy through alternative energy purchase mandates.

For these reasons, The Business Council opposes approval of S.7528.