U.S.-EU biodiesel "splash and dash" tariff fight escalating
One of the big problems, according to an article in the Seattle TImes, is a practice called "splash and dash." This is when American producers import pure (that is, B100) biodiesel made somewhere else, add a bit of petro-diesel to the fuel and collect the tax credit and then ship the biodiesel to Europe. This has been going on for years. The Financial Times says that the American companies' practices are pushing biodiesel prices in Europe down by between 89 and 99 U.S. cents per gallon. The U.S.'s National Biodiesel Board says European comanies are "not being hurt by US competition," and wants the U.S. to take action against the EU through the World Trade Organization. Sigh.
[Source: Seattle TImes, Financial Times]
Photo by ??? Redvers. Licensed under Creative Commons license 2.0.
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