We, the Leaders of Sustainable Biofuels, believe that 2nd Generation and Advanced Biofuels (2GAB) made from no-food competing feedstocks represent one of the major industrial opportunities today for our planet in the sustainable energy technology field.
The world is taking action to reduce greenhouse gas emissions and 2GAB are a key part of the solution, because they do not compete with food and have considerably lower environmental impact than fuels made from petroleum oil or natural gas.
Significant 2GAB production could be deployed today provided that a policy and regulatory framework enabling long-term investment is implemented.
3 June 2014
Creating post 2020 policy framework for investments in advanced biofuels – critical step to achieve EU 2030 climate and energy goals
- Create a stable and consistent 2030 framework for investments in the advanced biofuels sector. Establishing 0.5% binding sub-target for advanced biofuels in 2020 is the first important step to give the right signal to the market.
- Continue the FQD with specific GHG emissions reduction targets beyond 2020.
- Set a binding, ambitious and realistic target for advanced biofuels up to 2030 with a clear trajectory.
Why do we need a binding advanced biofuels target?
- To decarbonise the transport sector in a cost-effective and sustainable manner, technology developments of advanced renewable fuels going beyond R&D are necessary, in line with the Commission's proposal for limiting emissions from indirect land-use change.
- Without an adequate sub-target for advanced biofuels for 2030, there will be no strong outlook for the demand. That will not only halt investments in new domestic production capacity, but it will also prevent vital research and development investments. Moreover, investments in R&D already made by industry and the EC will be wasted and new investments in advanced biofuels will go to other regions.