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AREC, 2010

Argentine-European biofuels trade: Proposals for the transparent development of an industry

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Argentine Renewable Energies Chamber

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With no shortage of abundant natural resources within its 2.8 million square kilometers, Argentina is poised to receive an increasing share of renewable energies investments and to date has already done so in its highly efficient and professional soy oil-based biodiesel industry which has made it the world’s fifth largest biodiesel producer. To date Argentina has used mostly European technology to build its biodiesel plants. But the success to date is at risk, to mention nothing of the potential for the future, because there are those in Europe who do not share this future of increased trade nor seem aware of the potential. In the last year they have defended their industry without having all the necessary facts at hand, at times providing inaccurate facts and figures regarding the Argentine biodiesel industry. But perhaps most damaging to the industry and establishing a dangerous precedent for all emerging economies, European industry now claims that our economic development model is illegal, suggesting we should remain a basic commodity producer in a classic Third World model and periodically threatening international legal action to ensure that this occurs. This paper clears up the misunderstandings and presents an alternative solution.

Added on 20 January 2010
Politics :: Legislation :: Economy :: Biodiesel :: Europe :: South & Latin America


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