Written answers
Thursday, 27 September 2007
Department of Finance
Alternative Energy Projects
5:00 pm
Martin Ferris (Kerry North, Sinn Fein)
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Question 52: To ask the Tánaiste and Minister for Finance his view, in the interests of promoting renewable energy sources, of allowing companies based in Northern Ireland to benefit from the mineral oil tax. [21316/07]
Brian Cowen (Laois-Offaly, Fianna Fail)
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Mineral Oil Tax is applied to mineral oil products which are released onto the market in the State by producers, importers and distributors located in the State. However, as part of the Government commitment to promote renewable energy I introduced a relief from Mineral Oil Tax for biofuel projects under the Finance Act, 2006. The relief from Mineral Oil Tax for biofuel projects under the Finance Act 2006 is confined to operators of approved projects in the State.
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