DavidJustMeasuringSubsidyPres.pptVIP

* Case of Canada and Biodiesel Canada ‘triple dipped’ because benefited from: own biofuel producer tax credit (only available to domestic production) U.S. blender’s tax credit (available to U.S. production and imports) high EU price due to a combination of the latter’s diesel price, fuel tax and biodiesel tax exemption (available to EU production and imports) If all three countries had a tax exemption (or a blender’s tax credit), then producers in each country could only benefit from one country’s policy * Case of Canada and Biodiesel (cont’d) No wonder Canada exports all biodiesel productio