Last update: 09.07.2011
Spain seeks to shore up battered biofuels industry
Source : renewableenergyworld.com
Spain has pledged to launch measures to help shore up the biofuels industry, which is being hit by huge imports of biodiesel from foreign producers. According to leading trades union CCOO, the state is about to launch a new decree that will limit foreign biofuel imports, which come in at much lower prices than the national average, making dents in local producers' profits. The union said the Energy Ministry has agreed to launch the law in the coming weeks to help avert producer bankruptcies and job losses. "We need specific policies to end these imports whose low prices are costing the industry billions", said a CCOO official. "The government has pledged to do this as soon as possible and we hope they will meet their word." He added France, Italy, Greece and Portugal have already approved similar measures to protect their bioenergy industries.
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26 April 2011 |
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Articles on the topic of biofuels (299 articles)
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