EU ROUND UP – BIOETHANOL GROWTH COULD DAMAGE EU FOSSIL FUEL SECURITY OF SUPPLY, SAYS EU REPORT
June 1st, 2011
BY KEITH NUTHALL
A CONSULTANTS report for the European Commission on the impact of biofuel expansion has warned that a reliance on bioethanol could damage the European Union's (EU) fossil fuels security of supply.
Written by experts from Wood Mackenzie, Ricardo and Celeres, the paper - just released by Brussels - says that with bioethanol sources focused on Brazil and a few other countries, "there is a risk of a high degree of reliance on few sources of ethanol supply." It warns that EU refineries could close, forcing diesel and jet fuel imports to be ...
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