Irish cabinet approves energy bill that includes biofuels provisions

In Ireland, the Minister for the Environment, Climate and Communications, Eamon Ryan, welcomed Cabinet approval to publish the Oil Emergency Contingency and Transfer of Renewable Transport Fuels Functions Bill 2022. The main purpose of this Bill is to strengthen the government’s ability to manage stocks in the unlikely event of a curtailment of oil supplies.

New legal provisions in the Bill will support specific measures for the achievement of targets in Climate Action Plan 2023 for biofuels, effectively incentivising higher blends of biofuel ethanol in petrol and biodiesel in diesel consumption, while we transition to alternative modes of electric transport, public and active travel in the years ahead. The specific measures have previously been set out in the Renewable Fuel for Transport Policy 2021. They will incentivise the supply of renewable transport fuels such as HVO, biomethane, and green hydrogen, as well as the supply of renewable transport fuel for use in aviation and maritime transport.