EU ROUND UP- EU COUNCIL SETS RENEWABLES TARGET
March 1st, 2007
BY KEITH NUTHALLA EUROPEAN Union (EU) summit has agreed a 10% binding minimum target for all 27 member states regarding the share of biofuels in overall EU transport petrol and diesel consumption by 2020. The agreement, which followed weeks of political manoeuvreing, has however been qualified in that biofuels must be "introduced in a cost-efficient way". Furthermore the March European Council, in Brussels, agreed the target should be "appropriate subject to production being sustainable, second-generation biofuels becoming commercially available and the fuel ...
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