Special Feature
This is a video report about
World Business: A couple of
years ago, with surging
demand for biofuel from
Europe and riding crude oil
prices, investors rushed to
build plants to turn palm oil
into biodiesel. But with
falling oil prices and
changing opinions towards
biofuel many of those
projects were put on hold.
To adapt, biofuel producers
now have to be a little more
creative.
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Biodiesel in Malta |
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Malta produced 26.5 tonnes of BIodiesel in 2003, in a demonstration plant. |
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Feedstock used in the production was recycled oil. |
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As Malta is totaly dependent on imports of food, the country is lack of ability to produce feedstock for biodiesel production. |
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No tax break is given for biodiesel in the country at the moment. |
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