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Europe Daily Bulletin No. 8739

2 July 2004
Contents Publication in full By article 25 / 49
GENERAL NEWS / (eu) eu/state aid
Commission authorises state aid to promote bio-fuels in the Czech Republic.

Brussels, 01/07/2004 (Agence Europe) - State aid for bio-fuels in the Czech Republic was authorised by the Commission on Wednesday. This regime for the promotion of renewable energy was in line with the rules for environmental aid, it said. The aid is limited to the strict minimum necessary to compensate for additional production costs, as it covers the difference between the energy production cost of blended diesel/biodiesel and the market price of fossil fuels. This equates to an excise...

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