10 December 2008 18:08 [Source: ICIS news]
TORONTO (ICIS news)--?xml:namespace>
The European Parliament and the French presidency on Tuesday agreed an overall 20% renewables target by 2020 and a 10% renewables target for the transport sector.
The bulk of the target for the transport sector would be met through biofuels, said Johannes Lackmann, general manager of biofuels industry group Verband der Deutschen Biokraftstoffindustrie (VDB).
Germany now needed to make sure that its national laws did not undermine EU targets and policies, Lackmann said and went on to urge the government to abandon its plan to reduce biofuels blending quotas from 6.25% to 5.25% next year.
VDB had warned earlier that the quota reduction would force producers to idle plants and cut capacities.
Bookmark Simon Robinson’s Big Biofuels Blog for some independent thinking on biofuels
For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.
Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.
|ICIS news FREE TRIAL|
|Get access to breaking chemical news as it happens.|
|ICIS Global Petrochemical Index (IPEX)|
|ICIS Global Petrochemical Index (IPEX). Download the free tabular data and a chart of the historical index|
Asian Chemical Connections