Hawaii 2024 Regular Session

Hawaii Senate Bill SR108

Introduced
3/8/24  
Refer
3/14/24  
Introduced
3/8/24  
Report Pass
4/3/24  
Refer
3/14/24  
Passed
4/4/24  
Report Pass
4/3/24  

Caption

Encouraging The Department Of Agriculture And Hawaii State Energy Office To Increase The State's Usage Of Biodiesel And To Fund Programs That Support The Development Of The Biodiesel Industry.

Impact

The resolution emphasizes that by investing in the biodiesel industry, Hawaii could create significant economic benefits, including the potential generation of over $25,000,000 in revenue from a single biodiesel refinery. This would also contribute approximately $1,000,000 in general excise tax revenue and create numerous jobs for residents. Moreover, the growth of biodiesel production is presented as a way to align with Hawaii's goal of achieving 100% renewable energy by the year 2045, thereby enhancing the state's energy independence and sustainability.

Summary

Senate Resolution 108 encourages the Department of Agriculture and the Hawaii State Energy Office to increase the state's biodiesel usage and to support programs aimed at developing the biodiesel industry. This initiative is rooted in the need for sustainable agriculture and energy security, especially following the disruptions experienced during the COVID-19 pandemic, which underscored the importance of local food and energy production. The resolution acknowledges the role of biodiesel as a safe and sustainable alternative to petroleum fuels, utilizing biodiesel production as a means to promote local agriculture and economic growth.

Contention

While the resolution passed unanimously through the Senate Energy, Economic Development, and Tourism Committee, it does raise discussions around resource allocation for funding and the prioritization of biofuel initiatives over other forms of renewable energy. Critics may argue about the effectiveness and efficiency of investing in biodiesel as opposed to other cleaner energy sources. Additionally, there may be points of contention regarding how the agricultural landscape in Hawaii will adapt to prioritize biodiesel feedstock production without detracting from food production needs.

Companion Bills

HI SCR126

Same As Encouraging The Department Of Agriculture And Hawaii State Energy Office To Increase The State's Usage Of Biodiesel And To Fund Programs That Support The Development Of The Biodiesel Industry.

Similar Bills

HI SCR126

Encouraging The Department Of Agriculture And Hawaii State Energy Office To Increase The State's Usage Of Biodiesel And To Fund Programs That Support The Development Of The Biodiesel Industry.

HI SB2622

Relating To Biofuels.

TX HB2318

Relating to the fuel ethanol and biodiesel incentive program of the Department of Agriculture.

HI SB803

Relating To Biofuels.

HI SB803

Relating To Biofuels.

TX HB2582

Relating to the production and taxation of renewable diesel fuel.

TX SB645

Relating to the production and taxation of renewable diesel fuel.

MO SB805

Authorizes tax credits for the production and sale of biodiesel fuel