Tuesday, July 17, 2007

German Government increasing biofuel blending requirement to 10%

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The German Government has decided to raise the mandatory biofuel content of motor fuels from 5 percent to 10 percent. This applies to both ethanol blends in gasoline and biodiesel blends although an implementation deadline has not yet been set. the German Finance Ministry is also re-examining the tax situation with regard to biodiesel after sales dropped in the wake of recent new taxes.

[Source: German Food, Agriculture and Consumer Protection Ministry]

 

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