China to offer incentives for non-food biofuels -- china.org.cn - The Diigo Meta page

• 08 Dec 07
  

  Epopteia ...

  bioenergy biofuels china farming sfp

  • Farmers will receive a 3,000-yuan (US$405) subsidy for each hectare of forest products for biofuels, such as ethanol and bio-diesel, and 2,700 yuan for each hectare of crops for biofuels, Zeng said.

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    The ministry would also subsidize demonstration projects producing ethanol from cellulose, sweet sorghum and cassava or making bio-diesel from forest products, so as to make it easier to get bank loans for construction, according to Zeng.
  • Projects that are up to industrial standards would receive rewards ranging from 20 percent to 40 percent of the total investment, he said.
  • All four projects mainly produce corn-based ethanol. However, earlier this year, China banned the further use of grain for ethanol production, to ensure that grain was available for food.

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