Brussels urged to take on US over biodiesel

13 Jun 08

Europe's biodiesel producers urged on Friday the European commission to levy punitive duties on US rivals after Brussels launched formal anti-subsidy and anti-dumping investigations into imports from America. In a move likely to escalate a trade war between the EU and US, the commission said it had enough evidence of subsidies and dumping of biodiesel on the European market to warrant an investigation. It said it would "leave no stone unturned" and act in accordance with its findings. The European Biodiesel Board, which launched a legal complaint with the EC in late April, claims that US export subsidies are crippling the EU's nascent industry, with several companies close to bankruptcy and plants closed or facing closure.
http://www.guardian.co.uk/environment/2008/jun/13/biofuels.corporatesocialresponsibility

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