The Hagstrom Report

Agriculture News As It Happens


Europe Union committee endorses ethanol tax

The European Union's Antidumping Advisory Committee, composed of representatives from the EU member states, endorsed a 9.6 percent penalty on U.S. ethanol exports to Europe on Wednesday, but the Renewable Fuels Association and Growth Energy said that the endorsement is only one step in the process.

”While the Antidumping Advisory Committee has voted in favor of imposing an anti-subsidy duty on U.S. ethanol exports, this is one committee making a recommendation to a larger body and the matter is not final,” RFA and Growth Energy said in a joint statement.

“While we are troubled by the commission’s preliminary decision, we remain convinced that this matter lacks the merit necessary for imposing such a duty and that, when all the facts are considered, the European Union will rightly decide not to impose any antidumping duties on imports of ethanol produced in the United States,” the groups said.