Written answers
Tuesday, 8 November 2005
Department of Finance
Tax Code
8:00 pm
Eamon Ryan (Dublin South, Green Party)
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Question 357: To ask the Minister for Finance if he will consider extending the duty exemption on biofuels; and when such an expansion of the current system might be introduced. [27831/05]
Brian Cowen (Laois-Offaly, Fianna Fail)
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Policy in respect of the promotion or development of biofuels is primarily a matter for my colleague, the Minister for Communications, Marine and Natural Resources. However, I acknowledge that tax can play a role in the promotion of biofuels and in this regard the Deputy is aware that there is the current duty exemption scheme for pilot projects in the biofuels area. The number of applications made for relief from excise duty under the pilot scheme clearly indicates that there is a strong interest in developing a biofuels industry in Ireland. As the Deputy is aware, it is a long-standing practice of the Minister for Finance not to comment in advance of the budget on possible budget decisions.
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