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Page added on December 20, 2006

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EU New Joiners to Get Biofuel Crop Cash from 2007

The European Union’s newest joiners, including Bulgaria and Romania, will receive subsidies starting in 2007 to support them growing more feedstock crops for producing biofuels, officials said on Tuesday.

The EU’s maximum area that can benefit from the energy crop subsidy will be raised to 2 million hectares from 1.5 million now. EU governments will also be allowed to fund farmers to grow such crops, with a subsidy of up to half the costs incurred.
Planet Ark



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