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...

Page: 1  2  3  4  5  6  7  8  9  10  11  12  13  14  15  
16  17  18  19  20  21  22  23  24  25  26  27  28  29  30  
31  32  33  34  35  36  37  38  39  40  41  42  43  44  45  
46  47  48  49  50  51  52  53  54  55  

US House Passes Energy Tax Package

02.28.08

Yesterday, the US House has passed the Renewable Energy and Energy Conservation Tax Act of 2008.

Among its provisions, the bill: (1) extends the biodiesel tax incentive for 2 years through December 31, 2010; (2) classifies the tax treatment of co-processed renewable diesel; (3)retroactively denies the biodiesel tax incentive on "splash and dash" transactions; (4) limits the biodiesel tax credit to fuels produced in the US for use in the US.

The bill nows moves to the US Senate where its prospects are uncertain.



About World Energy

World Energy is a leading provider of biodiesel. Our global biodiesel distribution platform and diversified biodiesel production network ensures reliable supply of quality biofuels worldwide. For more, visit http://www.worldenergy.net.