UK farmers worried EU’s anti-crop biofuel stance will destroy rapeseed demand

In the UK, Farmers Weekly is reporting that farmers are concerned about how the potential limiting of crop-based biofuels in Europe may effect their export potential of both rapeseed and rapeseed oil, 40% of which goes to European biofuel production. Even though a smaller limit under negotiation for the Renewable Energy Directive II would only limit European countries, so potentially not the UK if Brexit goes through, a reduced market would negatively impact those farmers. The UK’s own limits of 4% by 2018 and 2% by 2032 wouldn’t impact current wheat ethanol producers, for example, but would keep more projects from being developed.

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