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Last update: 23.12.2008
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European biodiesel industry pushes for import guidelines
Source : biodieselmagazine.com
Despite the closing of the U.S. splash-and-dash loophole in the Emergency Economic Stabilization Act of 2008, the European Union and its constituents remain committed to regulating subsidized B99 arriving in its ports. In late October, Germany’s Environment Ministry ruled that biodiesel derived from soy and palm oil has been eliminated from the list of qualified biofuels. The ministry also ruled that biofuels production mandates in the country have been reduced by 1%, down to 5.25%. This new regulation is expected to become effective in early 2009. However, soy- or palm-oil-based biodiesel that was ordered and shipped after Sept. 26, and then exported to Germany won’t qualify for the country’s subsidies and incentives.
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10 December 2008 |
Economy ::
Biodiesel ::
International
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Articles from December 2008 (107 articles)
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