Thailand to save US$2.93 billion in switch to ethanol
Posted on July 18th, 2008 by Green Assembly
BANGKOK ~ In a major push to encourage more motorists to switch to ethanol-based auto fuel, Thailand’s cabinet has agreed to exempt import tariffs on E85 car parts as well as lowering excise taxes for E85-fuelled cars. E85 is a blend of 85 percent ethanol and 15 per cent gasoline.
The director-general of the Ministry of [...]
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