Spain: CNMC Approves Mechanisms for Biofuel Certification
(Competition Policy International) The National Commission of Markets and Competition of Spain approved this week the norms for the organization and operation of the certification mechanism for biofuels and other renewable fuels. Certain operational aspects of the system have also been determined.
The approved operating rules establish procedures, rules and regulations for the application of Certification Accounts, for requests of issuance of Biofuel Certificates, and for the transfer of Certificates.
Finally, the document specifies the information and documentation necessary to validate the origin of biofuels, as well as the rules, procedures and control measures to be implemented in order to avoid potential risks of fraud. READ MORE