TITLE

Bombshell makes biofuels sector think again

AUTHOR(S)
Kovac, Matt
PUB. DATE
March 2007
SOURCE
ICIS Chemical Business;3/26/2007, Vol. 2 Issue 59, p16
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article explores the impact of the Fuel Tax Act on the biofuels industry in Australia. From 2011 to 2015, excise will have to be paid in line with standard diesel and gasoline, which will cut the biodiesel subsidy for ethanol. The legislation has forced the Australian Biodiesel Group to alter its strategy by raising a capital via a rights issue to invest in the U.S. Higher feedstock prices and drought across southern and central Australia are expected to have adverse effects on the industry.
ACCESSION #
24684076

 

Related Articles

  • Fundamental growth. Greenwood, Ross // Money (Australia Edition);Aug2006, Issue 82, p100 

    The article offers in formation on the financial performances of Australian Biodiesel Group (ABG), a commercial manufacturer of biodiesel and a supplier of proprietary biodiesel technology and Zniflex, an operator of lead and zinc mining. ABG listed at $1 in 2005 and was oversubscribed. ABG has...

  • ENERGY EXCISE TAXES AS SUBSTITUTES FOR INCOME TAXES. Wetzler, James W. // National Tax Journal;Sep80, Vol. 33 Issue 3, p321 

    This article reports the possibility to use selective energy excise taxes to replace income taxes in the U.S. The crude oil windfall profit tax has been enacted into law after having been debated in the Congress. A policy of replacing the existing inefficient taxes with economically beneficial...

  • Clean Power system qualifies for tax breaks.  // Fleet Owner;Apr2009, Vol. 104 Issue 4, p18 

    The article reports on the announcement of the Kenworth Trucks Co. concerning the exemption of its Clean Power no-idle system from the 12% U.S. Federal Excise Tax (FET). According to the company, the Kenworth Clean Power, which is available for Kenworth T660, T800 and W900 equipped with 72-inch...

  • Wind strengthening. Rennie, Philip // BRW;5/4/2006, Vol. 28 Issue 17, p74 

    The article provides updates of the undertakings of several oil companies in Australia. Accordingly, because of the concerns on the effects of greenhouse gases and the increasing prices of oils, the industry has been supporting the use of alternative energy sources. Oil companies merged with...

  • Galax, Va., waste-to-energy plant woes lead to $3 million technical default. Resnick, Amy B. // Bond Buyer;07/09/97, Vol. 321 Issue 30183, p3 

    Reports that a waste-to-energy conversion plant in Virginia had default on $3.15 million in tax-exempt bonds issues in 1996 through the Galax Industrial Development Authority. Reasons for the technical default; Planned use of the plant to provide steam to Hanes Printables this January 1997;...

  • Advances in burning biomass.  // Modern Power Systems;May96 Supplement Scandinavia, Vol. 16 Issue 5, p38 

    Reports on the plans of Scandinavian power producers for increased use of bio-fuels resulting from pressure from their national governments. Popularity of biomass as fuel in the region; Common methods of burning bio-fuels; Other efforts to utilize household waste for fluidized bed plants;...

  • National Bioenergy Day Is October 17.  // Wood Bioenergy;Oct2013, Vol. 5 Issue 5, p12 

    The article reports that Biomass Power Association, an industry working on use of biomass in Pennsylvania will be celebrating the first ever National Bioenergy Day for October 17, 2013 that will provide an opportunity for media and stakeholders to witness the process by which energy is generated.

  • Sow alfalfa--and a CC facility.  // Power;Jul/Aug98, Vol. 142 Issue 4, p9 

    Reports on plans to develop a biomass-fired combined-cycle (CC) facility in Minnesota, along with an alfalfa growing and processing operation. Names of associations and government agencies involved in the project; What the alfalfa leaf will be processed into; When detailed engineering and...

  • Growing power.  // European Power News;May98, Vol. 23 Issue 5, p22 

    Reports on the development of biomass as fuel in Europe. Agtec Ltd.'s pilot plant for anaerobic digestion of agricultural waste in Yorkshire, England; Fibrowatt Ltd.'s power plant at Thetford, England using poltry litter.

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics