(EnergyAsia, June 10, Wednesday) — The New Zealand government has set aside NZ$36 million in subsidies to help the country’s fledgling biodiesel industry over the next three years. (US$1 = NZ$1.56). The money will be paid out to domestic biodiesel producers who have been lobbying hard for state support. Up to NZ$9 million will be…
NEW ZEALAND: Government subsidy for biodiesel to top NZ$36 million
Posted on June 9, 2009 by EnergyAsia