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Call to Action for a Truly Sustainable Renewable Future
August 8, 2013 – 5:07 pm | No Comment

-Include high octane/high ethanol Regular Grade fuel in EPA Tier 3 regulations.
-Use a dedicated, self-reducing non-renewable carbon user fee to fund renewable energy R&D.
-Start an Apollo-type program to bring New Ideas to sustainable biofuel and …

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Home » Business News/Analysis, European Union (EU), Opinions, Policy

UK Proposes Counting Biofuel toward 2020 Green Energy Target

Submitted by on December 10, 2013 – 7:30 pmNo Comment

by Barbara Lewis (Reuters)  Britain has proposed a way to lower the European Union’s 2020 target for renewable energy by counting the contribution from biofuels twice, avoiding the need for billions of euros in investment, a document shows.

Diplomats said the British biofuel idea was attracting support from several member states, although they did not specify which. Dominant EU power Germany opposes it, they said.

In a document seen by Reuters, Britain sets out the financial benefits of an accounting method that would include biofuels towards an overall renewable energy target as well as a sub-target for reducing the emissions of transport fuel.

It would reduce to 19.6 percent an EU-wide target to get 20 percent of energy from green sources, equating to up to 60.9 terawatt hours (TWh) and savings of 5.4 billion euros (£4.51 billion) per year by 2020 on investment that would have been spent on renewables, the British analysis shows.

The cost of green energy has become a major political debate in Britain and other EU states keen to curb fuel prices.

A spokesman for Britain’s Department of Transport said its biofuel approach would avoid “displacing costs on to consumers” and could help to fund next-generation biofuels, such as those from algae or waste that do not compete with food production.  READ MORE

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