BIOFUELS INDUSTRY WELCOMES DEAL OVER ILUC – BUT WANTS A MORE RATIONAL DEBATE OVER SUBSIDIES IN FUTURE
May 26th, 2015
After more than four years of protracted negotiations that included bursts of occasional intense lobbying, the biofuels standards and subsidies saga in Europe has been settled with a compromise that allows both the industry and environmental groups to draw some satisfaction. The broad outlines of the deal became clear at the end of April, when the European Parliament voted to approve measures to revise the European Union’s renewable energy (RED - 2009/28/EC) and fuel quality (FQD - 2009/30/EC) directives in a package commonly known as the ILUC (indirect ...
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