B10 in the EU
This is embodied in a supercharged legislative agenda, as proven by the latest Commission’s working programme for 20211, which lists more than 10 highly relevant pieces of legislation for the biofuels sector at large.
One of the first tangible manifestations of the Green Deal is the Commission’s EU 2030 Climate Target Plan, which calls for a bold increase of the EU 2030 greenhouse gas (GHG) reduction target, now revised at 55% instead of the current 40%, as an interim objective to achieve full carbon neutrality (that is 100% reduction from 1990 levels) by 2050.
Quite importantly, the plan also states that the share of renewable energy in the transport sector has to increase “through further development and deployment of electric vehicles, advanced biofuels and other renewable and low carbon fuels as part of a holistic and integrated approach” and that “bioenergy production should come from better use of biomass wastes and residues”.
These premises set the tone for future legislative developments: first and foremost,...