Government support of biofuel industry of 67.2 million lats (95.3 million euros) has failed, said today, 31 January, journalists, Minister of economy of Latvia Daniel Pavlûts (RPP)
“The production and use of biofuel in Latvia (2003-2010)” assumed that 5.75% biofuel will fuel market, and in fact, in 2010, this figure stood at 2.96%. Also, it was planned that until 2010, will be 75 000 tons of fuel, and in fact made only 58.3 thousand tons, including 39 thousand tons for export, which is contrary to the original idea.
Contribution of the State’s contribution of this sector in the economy and tax revenue from it, possibly even negative, said Pavlûts. Even if you have gospodderžke the industry was not able to stand on their own feet, and over time may cease to exist.
