Germany is the largest biodiesel market in the World – but since January this year has been under censure and mayhem – post having lifted the tax-free status form the yet infantile industry, sending the biodiesel produced in the Deutschland expensive by about nine euro cents.
Given the risen cost and restricted productivity, the market share of the budding industry has fallen in competition. The prices of the stocks have sunk drastically, the companies that instead of the conventional fuel had been filling their storage tanks with the renewable energy, play to the old is gold phenomenon, switching back to the fossil fuels.
Biodiesel is one established way in the contemporary world that can be a solution to the CO2 emissions, but because of the biofuel rerouting the agricultural land from food crops has played against the production of biodiesel world over – coz in the quest for greener fuel, food shortage is likely. This is a fact that German beer lovers and farmers may soon feel and raise a voice in debate over biofuel that has sent the drink and food prices soaring.
Taxes always have a repulsive stroke, but maybe it has got a little too harsh in the Deutschland, it has nearly collapsed the sector – even the representatives believe the German biodiesel sector may be on the brink of an end. The authorities seem to have heard the producers cry and have promised action over the adverse consequences.
If the biodiesel production (that’s hampering the agriculture) has brought about skepticism within the German polity – then they surely will have to look for alternative methods to produce biofuel, for which, one could be producing the renewable fuels from the waste biomass left after harvesting the edibles, coz biodiesel is probably the only next gen. fuel. If the largest producer will give up on it all others will follow suit, ending up in even more dreadful environmental conditions.
[Source: Treehugger]
