IHS Chemical Week

People & Business :: Energy and Feedstocks

European Parliament Panel Agrees to Revise Biofuels Goal

1:50 PM MDT | September 16, 2008 | Kara Sissell

The European Parliament’s Industry and Energy Committee voted 50-2 to scale back the European Commission’s previously announced plans to make renewable sources account for 10% of transport fuel consumed in the European Union (EU) by 2020. Committee lawmakers approved the 10% mandate but added language that would require a major mid-term review of its feasibility. The revised language would also limit the portion of the 10% renewable fuels that can come from “food- and feed-competing” sources. The revisions have generated concern from the...

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