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World Biofuels
Symposium
November 13-15, 2005
Beijing, China
2nd Annual Canadian Renewable Fuels Summit
December 13-15, 2005
Toronto, Ontario, Canada
Hosted by:
Candadian Renewable Fuels
Association
National Biodiesel
Conference & Expo 2006
February 5-8, 2006
San Diego, California
Organizer:
National Biodiesel Board
11th Annual
National Ethanol Conference: "Policy & Marketing"
February 20-22, 2006
Las Vegas, Nevada, USA
Sponsored by:
Renewable Fuels Association
22nd
Annual International Fuel Ethanol Workshop & Expo
June 20-23, 2006
Milwaukee, Wisconsin, USA
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Posted on
September 27, 2000Thailand Accepts Incentives for Ethanol Use
Cabinet officials in Thailand recently approved measures that would extend tax incentives to the private sector for the construction of ethanol plants using sugarcane and other agricultural products.
The government plans to form an ethanol committee to oversee ethanol production, distribution and standards. In addition, the government will ask state agencies to use ethanol to fuel fleet vehicles for the next two years.
Thailand's Ministry of Finance plans to implement a small excise tax on ethanol-based fuels. The country's Board of Investment will offer ethanol companies a duty exemption on the import of ethanol machinery as well as an eight-year exemption from corporate taxes.
Energy official Savit Bhodivihok said with prices remaining high for crude oil, the switch to ethanol is "very attractive." However, he noted that Thailand's fluctuating commodity prices make ethanol prices inherently unstable. The government hopes to develop a plan that would avoid the need for subsidies in the event that market conditions shift.
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