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In the UK, drivers using SVO/PPO have in the past been prosecuted for failure to pay duty to Her Majesty's Revenue and Customs. The rate of taxation on SVO was originally set at a reduced rate of 27.1p per litre, but in late 2005, HMRC started to enforce the full diesel excise rate of 47.2p per litre.
In Europe, straight vegetable oil (SVO) costs 150 pence/litre at most supermarkets [11] and somewhat less when bought in bulk direct from the manufacturers whereas diesel costs at least 130 pence per litre (in the UK [12]) to well over that (depends on the year, 1.4 euro is the current market price in central Europe). [13]
Under favourable economic conditions and strong improvements in policy support, NNFCC projections suggest advanced biofuels could meet up to 4.3 per cent of the UK's transport fuel by 2020 and save 3.2 million tonnes of CO 2 each year, equivalent to taking nearly a million cars off the road. [27]
Diesel prices have reached a record high of more than 180p per litre, new figures show. Data firm Experian Catalist said the average price per litre on Sunday was 180.3p per litre.
Today, multi-feedstock biodiesel facilities are producing high quality animal-fat based biodiesel. [ 96 ] [ 97 ] Currently, a 5-million dollar plant is being built in the US, with the intent of producing 11.4 million litres (3 million gallons) biodiesel from some of the estimated 1 billion kg (2.2 billion pounds) of chicken fat [ 98 ] produced ...
The RAC claimed drivers are being ‘seriously overcharged for diesel’, with average prices rising by 2p per litre to 157.8p in April. Fuel prices up 10p per litre since start of year Skip to ...
Algae could yield more than 2000 gallons of fuel per acre per year of production. [9] Algae based fuels are being successfully tested by the U.S. Navy [10] Algae-based plastics show potential to reduce waste and the cost per pound of algae plastic is expected to be cheaper than traditional plastic prices. [11]
On 1 January 2012, the Nigerian government headed by president Goodluck Ebele Jonathan, tried to cease the subsidy on petrol and deregulate the oil prices by announcing the new price for petrol as US$0.88/litre from the old subsidised price of US$0.406/litre (LAGOS), which in areas distant from Lagos petrol was priced at US$1.25/litre.