France To Reduce Biofuel Incentives

US Department of Agriculture – Foreign Agriculture Service reports that although France recently confirmed its objective of a 7% incorporation rate of biofuels into transportation fuels by 2010, it will not likely increase this target. It is also expected to significantly reduce – if not eliminate – the fiscal incentive for first generation biofuels by 2012. For the full report, see http://www.fas.usda.gov/gainfiles/200811/146306369.pdf

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