In Trinidad and Tobago, the national government cut the excise duty for compressed natural gas (CNG) from 21 cents to 5 cents and firmly set the island nation’s sights on converting from gasoline to CNG, instead of biofuels. The government is paying subsidies of $2.6 billion per year to defray the impact of rising gas prices for consumers.
What do you think? What do you think this story means for bioenergy? Leave a comment below and get the community engaged on what you see as the real issues - others will be glad you did!
Free Subscription to the Daily Biofuels Digest e-newsletter
Related Stories
Nepal to blend ethanol into gasoline to relieve gas shortage, cash crunchIn Nepal, lawmakers are addressing a gasoline and cash shortage by directing the Nepal Oil Corporation to blend ethanol into conventional gasoline. The national government will issue $76 million in bo...
US farm income rises 32 percent to $87.5 billion; subsidies down $3.7 billionThe USDA Economic Research Service projected that US farm income would reach a record $87.5 billion in 2007, up $28.5 billion over 2006. Crop production is expected to increase by $30 billion and live...
APAC projects Australian biofuels production capacity to double in 2008APAC Consultants projected that Australian biofuels production capacity will double in the next year to 150 million gallons en-route to reaching as much as 250 million gallons by mid-2009.
Australi...
Cyprus’ Petrolina opts for Green Plus additives in its gasoline, diesel fuelsIn Cyprus, Petrolina has adopted the Green Plus liquid combustion catalyst as an additive for gasoline and diesel fuel sold through its Petrolina and Agip fuel stations. The Green Plus additive has a ...
Today in Biofuels Opinion: “EPA’s Johnson can see nothing wrong with this wild-eyed rush to turn half of the corn crop into car fuel”Tom Philpott in Gristmill: "Yet the EPA's Johnson can see nothing wrong with this wild-eyed rush to turn half of the corn crop into car fuel. Here's what he declared in a press release upholding the...
Corn ethanol reduces greenhouse gases by 40 percent compared to gasoline, and can expand to 33 billion gallons by 2030, new studies findThe Illinois Corn Growers Association released two studies from the ProExporter Network and the University of Illinois' Chicago's Energy Resources Center, that conclude that US ethanol production has ...
Subscribe FREE to the world's most-widely read biofuels daily.
