
Industry News 
12.14.07
US Senate Passes Biofuels RFS in Energy Bill
The US Senate has approved an energy bill by a bipartisan vote of 86-8 to establ...
12.12.07
D1 Oils Denounces US Biodiesel Imports
D1 Oils said yesterday that the influx of subsidized US biodiesel to Europe is p...
12.11.07
UK Investors Back Mozambique Sugar Plantation
London-based Principle Capital has raised $70 million from a group of hedge fund...
12.10.07
Ethanol May Boost Fuel Economy
Mid-range ethanol blended-gasoline blends that contain more than 10% but less th...
12.07.07
Exxon Mobil See Rapid Growth for Renewable Energy
In its annual Outlook for Energy, Exxon Mobil forecasts that renewable energy so...
12.05.07
OPEC Will Hold Oil Production Steady
Oil prices rose to around $90 a barrel today as OPEC members said they would kee...
12.03.07
Ethanol Pioneer POET Celebrates 20th Year
Ethanol producer POET is celebrating its 20th year in business. The company was ...
11.30.07
Nestle Oil To Build 800,000 MT Biodiesel Plant
Neste Oil of Finland says it will build the largest biodiesel plant in the world...
11.29.07
EU Looks To Biofuel Sustainability
The European Parliament's Environment Committee has voted to amend the new EU fu...
11.28.07
Greenhouse Gas Hits Highest Level
The World Meteorological Organization said levels of carbon dioxide, the main gr...
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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