Germany Reduce Blending Mandate On Biofuels
The German government have announced plans to reduce the blending mandate of biofuels in all conventional fuels to 5.25% for 2009. This is below the previously fixed level of 6.25%. In 2010, the level of 6.25% is likely to be applied. The tax on biodiesel should also increase now from 15 to 18 cents per litre they said.
