Diesel particulate matter from diesel vehicles is a significant source of harm from air pollution. DPM kills many people each year. Possibly 29,000 people each year in the UK die early because of air pollution.
(http://www.guardian.co.uk/environment/2013/mar/19/uk-air-pol...)
this site is crappy, but I checked the numbers years ago and he didnt seem to be way off on anything. http://home.comcast.net/~russ676/biodiesel/index.html
Some will claim the conversion costs $12,000 and they are right, but only because in order for it to be "legal" it has to be done by someone who is "nationally certified". In other words, the oil industry has their paws wrapped around nearly every aspect.
Another advantage of CNG (compressed natural gas) is that it can be added in addition to gasoline. A diesel engine, however, does require a mixture of about 20% - 30% methane to run.
Here's a guy who did it himself: