One of the ideas that I liked best this morning came from Pieter Tjan, of the European Petroleum Industry Association (EUROPIA) he suggested that the tax breaks that biofuels attract should depend upon just how green they are.
He said in the European Union the current policy is...
Driving biofuels in the wrong direction. If you absolutely must subsidise biofuels, then give more to the better ones and less to the poorly performing biofuels.
He called for certificates that outline the energy profile, the carbon dioxide emission profile as the basis for deciding the level of subsidy that biofuels should attract.
The 2006 European Biofuels Forum, organised by the World Refining Association, is being held in Warsaw, Poland from 21 to 22 November.