EU to open anti-dumping probe into US biodiesel imports
- added June 13, 2008
- 0 responses
-
-
-
- Purdey
- added this
-
-
- related topics
-
- Alternative Fuel (106)
- Subsidies (15)
- Bio diesel (6)
- European Commission (5)
BRUSSELS (AFP) — The European Union will on Friday open anti-dumping and anti-subsidy investigations into imports of biofuel from the United States, European sources said.
The move came after the European Commission investigated industry complaints that the US action was hitting Europe's biodiesel industry.
The European Biodiesel Board called for the investigation in April, complaining that the European market was being flooded with US exports of a 99-percent biodiesel blend, which can receive a subsidy of 300 dollars (192 euros) per tonne.
On top of the US aid, exports of the so-called B99 blend are also eligible for a subsidy in Europe as well.
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,So US bio fuel producers potentially getting paid double whammy for off loading surpluss stock in Europe. If I was a bio fuel producer I would do that deal all day long.
The move came after the European Commission investigated industry complaints that the US action was hitting Europe's biodiesel industry.
The European Biodiesel Board called for the investigation in April, complaining that the European market was being flooded with US exports of a 99-percent biodiesel blend, which can receive a subsidy of 300 dollars (192 euros) per tonne.
On top of the US aid, exports of the so-called B99 blend are also eligible for a subsidy in Europe as well.
,,,,,,,,,,,,,,,,,,,,,,,,,,,,,So US bio fuel producers potentially getting paid double whammy for off loading surpluss stock in Europe. If I was a bio fuel producer I would do that deal all day long.
Login/Registration is required to add a response.
