Mandates for biodiesel-blended heating oil … better known as Bioheat … are seen as good news for the growth of biodiesel, and traders are taking note. This article posted on SECFilings.com says the Bioheat mandates, coupled with other biodiesel mandates, will make the green fuel an investment that could make some real green, too.

In early July, the New York State Assembly and Senate passed legislation requiring that all heating oil sold in the state contain at least 2% biodiesel by 2015. The new regulation will replace about 30 million gallons of petroleum each year with cleaner burning, renewable fuel that is safe, seamless and improves fuel efficiency throughout the state…

Interestingly, New York City regulators have also been considering broader biodiesel mandates for their municipal vehicle fleets earlier this year. While no official plans have been announced, city officials are reportedly planning a move from a B5 fleet to a B20 fleet and even considering public biodiesel requirements that could impact private companies…

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