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 Switzerland |
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In Switzerland, biodiesel is marketed in 2 ways: - |
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* To agricultural co-operatives directly. |
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* To a petrol distributor that is selling 100% pure biodiesel at 5 public filling stations. |
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* To some transport companies with a 30% blend, called "Combi-Diesel". |
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Price of biodiesel is sold at a price approximately 10% lower than fossil diesel. |
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In order to promote the use of biofuels, the following policies are implemented in Switzerland: - |
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* fuels produced in pilot and demonstration plants from renewable raw materials are |
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exempt from mineral oil tax. |
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* Price subsidy for oilseeds (rapeseed, sunflower) being processed in pilot and demonstration plants. |
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