Industry News 
03.18.08
Australia Commits Almost $1 Billion To Clean & Renewable Initiatives
Australia's government has committed $930,000,000 for development, commercializa...
03.17.08
Petrobras and Mitsui Form Renewable Energy JV
Brazil's Petrobras is forming a 50:50 joint venture with Mitsui & Co. Ltd. of Ja...
03.14.08
Biodiesel Plant Producing in Zimbabwe
Government officials in Zimbabwe say a biodiesel plant set up as a joint venture...
03.13.08
US Congress Passes One-Month Extension Of Farm Bill
Unable to reach agreement with the White House on a new farm bill, the US Congre...
03.13.08
Thai Company To Invest $15 Million in Palm Biodiesel
Thai agricultural company Charoen Pokphand Group says it will invest $15 million...
03.12.08
Gulf To Invest In Central American Ethanol
Gulf Ethanol Corporation says it will meet this month with several Central Ameri...
03.12.08
Burma Says Jatropha Crop Is Ready
In Burma, the government says the first national jatropha crops are ready for ha...
03.11.08
Founder and former chairman of D1 Oils, Karl Watkin, has resigned as non-executi...
03.10.08
US Federal Trade Commission Will Lable Biodiesel
The Federal Trade Commission has approved publication of a Federal Register noti...
03.07.08
ExxonMobile to Invest $125 Billion Through 2012
ExxonMobil intends to spend more than $125 billion in capital expenditures from ...
MARKET VIEWS: Argentina Biodiesel Not Reaping Subsidies as EU Claims
09.25.09
Cámara Argentina de Energías Renovables (CADER) has released a report titled State of The Argentine Biodiesel Industry that refutes EU claims that Argentine biodiesel exporters get unfair subsidies, stating that they actually have to pay a 20% export tax.
EU has been considering the 12% difference between the 32% soy oil export tax, and the 20% biodiesel tax an indirect subsidy for Argentine biodiesel producers, but CADER states that the amount of tax applied is based on value added before export.
In other words, biodiesel producers are not receiving a subsidy for exports, but paying the Argentine government a percentage of the soy-products value, in which biodiesel exporters pay less to the government than bean or bean oil exporters. CADER states, the nation's tax system, "seeks to drive investment towards value-added products in the country."
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