Friday, July 14, 2006

Difference Between 7mmand 300 Mag

biodiesel is taxed

Berlin (Germany), 14.07.2006 - The news agency Reuters reported on 7 July that after a long dispute in the coalition, the Energy Tax Act, which provides for the progressive taxation of biodiesel and vegetable oil as fuel, was passed by the Bundesrat. By the legal obligation to mix the oil industry, the conventional diesel fuel from 2007 to biodiesel, also supported the production of biodiesel and dependence on oil imports will be reduced. The parliament approved the draft on 29 June on, 7 July passed the bill and the Federal Council. The law is now as planned in August to take effect. In stages, the tax will rise by 2012 to complete the fuel tax rate of 45 cents per liter. + + Wikinews

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