A federal tax credit that provided makers of biodiesel $1 for every gallon expired Friday. As a result, some U.S. producers say they will shut down without the government subsidy."
"Biodiesel's woes come on top of a year of problems for the fledgling biofuel industry - an irony given the push to cut down on greenhouse gases and ease the nation's need for foreign oil. A key driver for the alternative fuel - the high cost of oil - disappeared as diesel prices dropped 18 percent since the beginning of the recession. Then in March the European Union placed import-killing tariffs on biodiesel and other biofuels."
"The biodiesel industry is now operating at only 15 percent of its potential capacity, according to the National Biodiesel Board, largely because the price of traditional diesel has collapsed. There are close to 180 biodiesel plants operating in about 40 states."
"There is little chance that the U.S. will reach alternative fuel benchmarks of 36 billion gallons a year by 2022 in hopes of weaning the nation off foreign oil."[2]
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What is the scope of Bio Energy in Pakistan ?
ReplyDeleteI know a company which proivdes generators on rental basis.. here is some information about the company
ReplyDeleteORIX Operating Lease
We buy, you use
ORIX Operating Lease Division offers the facility of renting the equipment for the duration it is needed. The operating lease solutions provide full use of an asset while avoid many risks associated with the ownership of equipment such as depreciation, obsolescence and asset disposal. An operating lease acts as a true hiring arrangement where the rental is treated as an expense and allows equipment off balance sheet for accounting purposes.
Salient Features
ORIX provides equipment on short and long term rentals.
The equipments are rented along with entire range of services such as managing operations, maintenance, repair, replacement, up gradation and logistics through our experienced asset manager.
Lease payments are tax deductible thus reducing the rental cost of equipment.
ORIX has the flexibility to adapt its products according to customer requirements by offering a tailor-made solution.
Benefits of Operating Lease
Access to the most modern equipment and technology without the associated cost of ownership.
Hedge against equipment obsolescence.
Hassle-free delivery and start-up of equipment.
No worry about disposing of equipment.
Flexible rental payment arrangement.
Preserve customer credit lines.
Enhanced ROA & ROE ratios as operating lease is not reflected on balance sheet.
How Operating Lease Works
Products
Generators
Agricultural Equipment
Vehicle
Communication Equipment
Used Rental Equipment also available for sale.