1. Biodiesel is Working for America Fighting Back Biodiesel provides a net positive for the weakened economy, the environment, our energy security and the food supply GMA members have demonstrated they will say anything to defend their profits The sound, progressive policy in RFS-2 could be destroyed by unreasonable ILUC assumptions

2. IMPACTING AMERICA’S ECONOMY AND ENVIRONMENT Or what we would have missed without the help of America’s farmers… 2008 Domestic Biodiesel Production Displaced 690 million gallons of foreign oil Supported 51,893 green collar jobs Added $4.29 billion to the GDP Increased tax revenue by $866 million

3. US Biodiesel is already one of the most diverse fuels imaginable. Successful growth in biodiesel is driving innovation in plant science research and feedstock development Biodiesel from Soy is a net positive to the food supply and the environment.

4. Biodiesel and Soy are Part of the Solution for World Hunger Fighting Back Soybeans are 80 percent protein rich meal and 20 percent oil. Biodiesel uses only the oil 400 million gallons of biodiesel from soybeans co-produced enough soybean meal for 115 billion rations of protein for the hungry

5. then and now Oil Gas Soy Loaf of Bread Prices Early 2008 Prices Early 2008 Prices at end of 2008 Prices at end of 2008 $147 per barrel$56 per barrel (62% drop) $4 per gallon$2.10 per gallon (45% drop) $16 $8 (50% drop) $2.79$2.99 (7% hike) $147 per barrel$56 per barrel (62% drop) $4 per gallon$2.10 per gallon (45% drop) $16 $8 (50% drop) $2.79$2.99 (7% hike)

6. GMA Board Members Explain Their Profits That was then, this is now Then Kraft Profits Up 200% (3Q 2008) “Forty percent of the food supply is being diverted for use in fuel.”

7. GMA Board Members Explain Their Profits That was then, this is now Now Nestle Profits Up 69% “It is probable that in 2009 we have a decline in production and we will have an increase in demand. This will have another push on raw materials.” Text

8. EPA’s Unreasonable ILUC Assumptions Threaten RFS-2 Fighting Back EPA proposed a rule that will not allow any domestic feedstocks from vegetable oil Assumes that 50% of the direct carbon benefits will be offset, despite producing more biodiesel than is called for in 2010

9. National Biodiesel Board 16 years as only trade assoc rep. indusry Extensive Policy, tech, market devlp prioritization Coordination is paramount Commitment to staffing resources

10. Federal Affairs Team State Regulatory Program