In Germany, Verbio says that the European Commission’s preference to phase out conventional biofuels to 3.8% by 2030 won’t lead to a shift towards advanced biofuels as the policy intends because most of the successful advanced biofuels projects come from co-located projects with conventional biofuels. Most standalone advanced biofuels projects have failed. A survey by Argus media showed an overwhelming belief in the industry that the policy would lead to reduced investor confidence and put future advanced biofuel investments at risk.
Category: Policy