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REQUIREMENTS FOR MANUFACTURERS OF MOTOR VEHICLES AND MOTOR VEHICLE EQUIPMENT

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REQUIREMENTS FOR MANUFACTURERS OF MOTOR VEHICLES AND MOTOR VEHICLE EQUIPMENT

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The task force has launched a series of consultations with representatives of the farm and energy sectors, as well as leading environmental organizations, that aims to reach final decisions on the type of biofuels, as well as government funding, by year-end, Raffarin said. At present, fuel tax exonerations on the existing biofuels production cost the government [Euros] 180 million ($221 million) annually, while EU farm subsidies are estimated at nearly double this amount. Raffarin had no comment on whether existing fuel tax exonerations would be extended to new biofuel production, and said only that the cost to...

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