The European Union has started applying tariffs to biofuel exported from the US to the EU. The EU says that American biodiesel is being sold at less than the true cost of production in the US because of local, state and national subsidies to producers and that this competition is unfair. The report comes from […]
Tag Archives | Trade
Splash dash and a lot of biodiesel pain European Biofuel producers are considering legal action through the European Commission to halt they see as US biofuel producers dumping biofuel within the EU. Exports from the US gain
The WTO meeting in Bali from 8 December, could (theoretically) lead to a reduction in tariffs on biofuels and also support for farmers. According to the GuardianUnlimited, reporting a story from Reuters. [President] Bush said on Wednesday the United States’ guiding principle in the Bali talks would be to find a way to reduce greenhouse […]
There is a new trade group designed to promote industrial ethanol in the European Union… called the Industrial Ethanol Association. It has an interesting view of fair trade in ethanol…
Ethanol production has had a profound impact on U.S. agriculture in recent years. Now that more than two billion bushels of U.S. corn are used for ethanol production, a legitimate question is continually being asked—are people going hungry due to the seemingly insatiable U.S. demand for fuel? This paper looks at the relationship, not a […]
Sweden’s Minister for Foreign Trade, Sten Tolgfors recently used the,Taipei Times (where else) to call for the global trade in biofuels to be tariff-free. Sweden’s starting point is the conviction that a more liberal trade regime, coupled with global standards, is needed. As a first measure, Sweden argues for the elimination of all tariffs on […]
The Chicago Board of Trade is offering monthly global agricultural market up dates, from 15th of each month.
Brazil launched a futures contract for anhydrous ethanol on its Mercantile and Futures Exchange. The announcement was made on 24 April and the aim is to give producers and investors a chance of some certainty in the market in the future. According to my friend, William Lemos, writing for ICIS news in Houston, Texas : The […]
If you’re dabbling or playing seriously in the Chicago Board of Trade Mini corn and wheat futures, you can see what the market’s doing at no charge and live.
The Wall St Journal’s Grace Fan has rounded up a bunch of global biofuels cat fights and suggests that Biofuels will be the next WTO spat. That’s a bit tentative, and I’d agree with that position in terms of being the next spat (it could easily be over corsets, fire engines, or marmalade) but, because Biofuels […]