With Changes in the Compound, the Senate Gave Half a Sanction to the Biofuel Law and Turned It to Deputies
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5 Articles
The proposal, which modifies the biodiesel and bioethanol cuts, was approved with 41 votes in favour and 25 against. It had the support of the ruling party, the UCR, the PRO, the provincial blocs and the Peronists of NOA.
The Senate passed by a large majority the biofuel law reform bill, which increases mandatory bioethanol cuts from 12% to 15% and biodiesel cuts from 7% to 10%, percentages that would start to apply one year after the law’s passage. The initiative was backed by 41 to 25 votes [...] The Senate news approved biofuel law reform: bioethanol cut rises to 15% and biodiesel 10% was first published in Sin Mordaza.
With a final concession to the biodiesel sector, the Senate approved this Thursday the new comprehensive regulation of biofuels, which increases the percentages of mandatory cut and modifies the marketing rules. The project received 41 affirmative and 25 negative votes, and now passed to the Chamber of Deputies. The final text was fruit...
The vote in general ended with 41 affirmative and 25 negative votes; now the bill was turned to Deputies The post The Senate approved the new regulatory framework for biofuels appeared first on El Intransigente: Latest news from Argentina and the world in real time.
The Senate of the Nation is dealing today with the new biofuel law and in the ruling party they claim that they do now have the votes. If the number appears, what is voted is not an energetic technicality: it is the decision that the ten SME plants that operate in Ramallo, Pilar, Junín, Daireaux, Bahía Blanca and Saladillo lose by 2031 more than half of the market that today they have guaranteed by law. The mechanism is simple to understand. Tod…
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