Open

Coming up

Don't miss

Replay


LATEST SHOWS

AFRICA NEWS

Tunisia presidential elections: Final day of campaigning ahead of Sunday's vote

Read more

FRANCE IN FOCUS

Holiday season: celebrating a secular Christmas

Read more

REPORTERS

Argentina: The Kirchner era

Read more

#THE 51%

Are toys really us?

Read more

ENCORE!

Child brides, the people of Syria and New York’s homeless

Read more

FOCUS

Video: Pakistan in mourning after school massacre

Read more

AFRICA NEWS

Kenya: Security law approved despite disruptions in Parliament

Read more

DEBATE

Wrecked Rouble: Putin Defiant as Currency Tumbles (part 2)

Read more

DEBATE

Wrecked Rouble: Putin Defiant as Currency Tumbles (part 1)

Read more

Business

EU split in battle over biofuel tariffs

Video by Jérôme BONNARD

Text by FRANCE 24

Latest update : 2009-02-17

Biofuel producers in the European Union have cried foul after a Swedish company succeeded in dodging a European tax on imported ethanol. We examine the consequences for the continent's fledgling biofuel industry.

This week, Beyond Business takes you on a journey inside Europe's biofuel market.

In the fight against climate change, the European Union has adopted the world's most ambitious targets for greenhouse gas cuts. In order to achieve these goals and increase reliance on renewable energy sources, the continent has invested heavily on biofuels.

But one of the main barriers to investment remains the fear of cheap imports from the world's largest biofuel producers, namely the United States and Brazil.

While Europe has been taxing ethanol imports to encourage domestic producers and try to achieve energy independence, not all countries play by the rules. Sweden's a good example.

Stockholm's been given the greenlight from its EU partners to import Brazilian ethanol at a lower tariff than the one prevailing within the Union.

This decision infuriates European manufacturers and retailers of biofuels who've spent 5 billion euros on new infrastructure.

FRANCE 24's Jérôme Bonard discussed the matter with Maître Jean Pierre Spizer, scientific manager at the European Lawyers' Union.

Date created : 2009-02-07

COMMENT(S)