
Fuel producers currently get a 20p per litre discount for selling biofuels
By Russell Hotten
Last Updated: 1:00am GMT 13/03/2008
The Treasury aims to raise £550m through the abolition of a biofuel subsidy in a move likely to undermine Alistair Darling’s claims that he delivered a Budget for the environment.
Fuel producers, including giants like BP and Royal Dutch Shell, get a 20p per litre discount for selling biofuels. But this is being abolished, to be replaced by fines if companies do not meet targets for biofuel sales.
The subsidy was introduced to encourage development of alternative fuel sources, but has now been condemned as a revenue-generator for the Treasury.
Ruth Dooley, tax partner at Grant Thornton, said: “Given the green statements made by the Chancellor in his Budget speech, it is a major surprise that he is penalising biofuels by over £500m without making any announcement either in the speech or in a press release.”
Details of the change were buried in the Red Book, the Treasury document that accompanies the Chancellor’s Budget speech. In the document, the Treasury says that its new tax treatment for biofuels “will provide a sharper environmental focus through its sustainability criteria”.
From 2010, the likes of BP and Shell will have to ensure that at least 5pc of their fuels are from renewables, with biofuels likely to be the main source, or face fines.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/03/13/cnbiofuel113.xml
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Royal Dutch Shell conspired directly with Hitler, financed the Nazi Party, was anti-Semitic and sold out its own Dutch Jewish employees to the Nazis. Shell had a close relationship with the Nazis during and after the reign of Sir Henri Deterding, an ardent Nazi, and the founder and decades long leader of the Royal Dutch Shell Group. His burial ceremony, which had all the trappings of a state funeral, was held at his private estate in Mecklenburg, Germany. The spectacle (photographs below) included a funeral procession led by a horse drawn funeral hearse with senior Nazis officials and senior Royal Dutch Shell directors in attendance, Nazi salutes at the graveside, swastika banners on display and wreaths and personal tributes from Adolf Hitler and Reichsmarschall, Hermann Goring. Deterding was an honored associate and supporter of Hitler and a personal friend of Goring.
Deterding was the guest of Hitler during a four day summit meeting at Berchtesgaden. Sir Henri and Hitler both had ambitions on Russian oil fields. Only an honored personal guest would be rewarded with a private four day meeting at Hitler’s mountain top retreat.














IN JULY 2007, MR BILL CAMPBELL (ABOVE, A RETIRED GROUP AUDITOR OF SHELL INTERNATIONAL SENT AN EMAIL TO EVERY UK MP AND MEMBER OF THE HOUSE OF LORDS:


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A head-cut image of Alfred Donovan (now deceased) appears courtesy of The Wall Street Journal.

























































