The next two weeks are going to be important for biofuels in Europe. Setting the tone for policy we have the UK Royal Society calling for Biofuels to meet a 50% reduction in greenhouse gasses than the fossil fuels they replace or be banned.
Unless biofuel development is supported by appropriate policies and economic instruments then there is a risk that we may become locked into inefficient biofuel supply chains that potentially create harmful environmental and social impacts. New technologies need to be accelerated that can help address these issues, aided by policies that provide direct incentives to invest in the most efficient biofuels.
We have all three branches of the European Project, the Union, Commission and Parliament haggling (sorry debating) over what direction policy should take and just what proportion of environmental protection should be built in to a European Biofuels policy. This should all come to a head by or around 23 January.
According to ICIS News (Disclosure: I work for ICIS: about ICIS), the Commission is brushing off fears about impact of biofuel targets
The environmental problems caused by biofuels and also the social problems are bigger than we thought they were. So we have to move very carefully,
Stavros Dimas, EC environment commissioner, told the BBC, according to ICIS news.
This is good stuff. Should biofuels be produced to keep farmers happy and on the land and hang the environment, or is there a way of helping the environment and farmers.