France Requires 60pc GHG from Ex-EU Biodiesel Imports
(Argus Media) French biodiesel imports from outside the EU must have a minimum 60pc greenhouse gas (GHG) savings value from 1 January — a measure that could have considerable impact on trade flows from Argentina.
The law, thought to be an attempt to protect French biodiesel production from swelling Argentinian soy methyl ester (SME) imports, applies to plants that began operating outside the EU from January 2008. The majority of Argentina’s biodiesel production became operational after that time and default GHG value of its SME falls short of the new requirement.
Sustainability certification scheme ISCC and the European Commission are likely to clarify whether the mix of default or real GHG values is possible under renewable energy directive (RED) regulation.
The minimum GHG value for EU-produced product sent to France is 50pc for any facilities commissioned before 5 October 2015 and 60pc for facilities commissioned after that date. READ MORE