Richard Branson, owner of Virgin Trains (among other businesses), has asked the UK Government to reduce the fuel duty on blended biofuel, according to this Guardian article.  Pure biofuel attracts a duty of 6p per litre, while the duty on industrial diesel is 7p per litre.  The blend of the two fuels together is 50p per litre, seven times that of industrial diesel – a level which would seem to greatly discourage rather than encourage the greater use of biofuels.

Technorati Tags: fuel duty, blended biofuel, industrial diesel

This entry was posted on October 17th, 2006 at 12:32 (GMT) and is filed under Alternative Energy, UK Energy Policy . You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.