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Catchword for “splash and dash”
Catchword: splash and dash
Filed Under:
Part of Speech: n.
Quotation: But the law did not anticipate “splash and dash”—a loophole in the system. This practice involves bringing a tanker of biodiesel made elsewhere, usually Indonesia or Malaysia, to the United States, adding just a “splash” of U.S.-made petroleum diesel, then shipping the “blend” to Europe for sale. Adding just 0.1 percent petroleum diesel to a load of biodiesel while at a U.S. dock is enough to qualify for the credit.
Article or Document Title:
“Loophole in Biodiesel Tax Credit Prompts Outcry” (URL)
Author:
Emily Harris
Article, Document, Publication, Web Site:
NPR
Date of Publication:
Sept. 2, 2007
This catchword has yet to be researched.
Posted 6 Sep 07 | Permalink | Tell a Friend

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