Biofuel Industry News
New EU biodiesel policy postponed
Oct 23 2013 Read 1176 Times
The EU has postponed the implementation of a policy regime for biodiesels. The Environment (ENVI) Committee of the European Parliament has voted against the negotiations with Member States that would lead to the capping of food crop biodiesel use. As well as reducing food crop biofuel usage, the policy would also result in the measuring of emissions created during biodiesel production.
It is expected that creation of new biodiesel policy will be delayed until 2015, in a move that many in the industry are condemning. Biodiesel makes up around 80 per cent of the biofuel that is produced with the EU and the EU biodiesel market is the largest in the world. Companies throughout the sector have said that the lack of a stable policy regime could affect them and their investors.
Approval was granted last month for the current regulations to be reviewed by the European Parliament. However, a second reading is needed of the motion to begin negotiations with Member States, as it only passed by one vote. Although the case for fast-tracking the second reading was argued by MEP Corinne Lepage, rapporteur of the biodiesels draft, who said that the industry wanted a "quick result", it is likely that the second reading could be delayed for up to a year due to the approaching end of the current parliamentary term.
A total of 15 companies within the industry have called on the EU to begin the second-reading process so that a policy regime can be in place before May 2014's elections. However, companies that produce conventional biodiesel from food stock are opposing the fast-tracking of the second reading. This is likely because any new policy will affect them the most and could result in financial losses.
The ENVI decision has been condemned by Kare Riis Nielsen, director of European affairs at Novozymes. He said that the delayed policy was "bad news for industry and investors who need clarity".
"Once again policy-makers are delaying decision-making on indirect land use change (iLUC). Ongoing regulatory uncertainty is jeopardising all the parallel EU efforts to attract much needed investments in innovative renewable energy technologies, including in advanced biofuels.
"Despite the absence of mandate, we are urging Member States to continue the negotiations on the iLUC proposal and finalise their first reading position before the end of the Lithuanian Presidency."
Do you like or dislike what you have read? Why not post a comment to tell others / the manufacturer and our Editor what you think. To leave comments please complete the form below. Providing the content is approved, your comment will be on screen in less than 24 hours. Leaving comments on product information and articles can assist with future editorial and article content. Post questions, thoughts or simply whether you like the content.
In This Edition Fuel for Thought - Leading European sensor trade event taking place in 2020 already selling out fast - Endress+Hauser and Vector CAG secure contract at large Texas refinery...
View all digital editions
Jan 13 2020 Riyadh, Saudi Arabia
Jan 13 2020 Dhahran, Saudi Arabia
Jan 20 2020 Tampa, FL, USA
Jan 25 2020 San Diego, CA, USA
Jan 28 2020 Vienna, Austria