Industry News

10.29.07

Netherlands Debuts National Biodiesel Association

Eight biodiesel manufacturers in the Netherlands have established the Netherland...

10.23.07

IMF Cites Brazilian Ethanol As Cheapest To Produce

A report by the International Monetary Fund (IMF) finds Brazil's sugar-cane-base...

10.18.07

Study Ranks Biodiesel Potential

The US, Brazil, Netherlands, Germany, Belgium, and Spain are among the top ten c...

10.18.07

IMF Calls for Biofuel Coordination

In its twice-yearly report on the world economy, the IMF warned that an increasi...

10.09.07

Energy Council Calls For Free Trade in Biofuels

The World Energy Council has called for free global trade in biofuels, saying th...

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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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