EU MOVES TOWARDS AGREEMENT ON REDUCING BIOFUEL INCENTIVES
April 21st, 2015
EUROPEAN Union (EU) legislators are moving towards agreement on EU legislation promoting biofuels, with the European Parliament and the EU Council of Ministers agreeing to reduce incentives for the use and manufacture of first generation products. A tentative political agreement, that now has the support of the European Parliament’s environment committee, will cap at 7% by 2020 the amount of transport energy consumption from biofuels made from crops grown on agricultural land. This would replace current legislation within the 2009 renewable energy directive ...
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