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Germany to Increase Biofuel Blending Requirement to 10%
16 July 2007
The German government will increase the mandatory blending requirement of biofuels in gasoline and diesel to 10%, up from the current 5%.
There is as yet no announced timeline for the implementation of the new rules.
The Finance Ministry (Bundesministeriums der Finanzen) is preparing a report due this fall on the market situation for biofuels in the country. Small and mid-size biodiesel producers say their sales have decreased since Germany began taxing the fuel.
July 16, 2007 in Brief | Permalink | Comments (0) | TrackBack (0)
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