Tag: EU

Giving up on climate change?  EU says no way – invests $140M in decarbonizing projects

Giving up on climate change? EU says no way – invests $140M in decarbonizing projects

August 8, 2021 |

The Olympics in Tokyo just ended and it is slated to be one of the hottest on record with extreme heat and humidity forcing changes to track, tennis and women’s soccer schedules and World Athletics president Sebastien Coe saying “You don’t have to be a devotee of climate change or a denier to know the […]

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Investing in palm biofuels gets a RED card from Brussels

Investing in palm biofuels gets a RED card from Brussels

June 20, 2021 |

In Australia, the Palm Oil Monitor reports on the European Union Commission’s latest “Climate Taxonomy” document, a new set of regulations that determine whether an investment by an EU bank or institution can be considered climate friendly, which can have major ramifications for palm oil, according to Palm Oil Monitor. Palm Oil Monitor says, “The […]

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Belgium, Germany, France, Luxembourg and the Netherlands want EU to get serious on biofuel sustainability

Belgium, Germany, France, Luxembourg and the Netherlands want EU to get serious on biofuel sustainability

May 27, 2021 |

In Belgium, Belgium, Germany, France, Luxembourg and the Netherlands issued a statement saying it is crucial to ensure that the renewable energy, such as biofuels and renewable fuels of non-biological origin, that is used in transport is without a doubt sustainable. However, recent biodiesel fraud cases have undermined the confidence that citizens, the market and […]

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EU taxonomy falls short in recognising how biofuels can help reach carbon-neutrality

EU taxonomy falls short in recognising how biofuels can help reach carbon-neutrality

April 21, 2021 |

In Belgium, ePure says the European Commission’s political agreement on a Delegated Regulation seeking to define sustainable investments in the EU sends unfortunately mixed signals about the importance of sustainable biofuels such as renewable EU ethanol to climate-change mitigation. The text and annexes agreed by the Commission Wednesday at least recognize that the manufacture of […]

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Coalition calling for long-haul flights to be included in EU’s ReFuel aviation initiative

Coalition calling for long-haul flights to be included in EU’s ReFuel aviation initiative

March 11, 2021 |

In Belgium, a coalition of airlines, aviation sector companies and European NGOs have expressed their concern over policy proposals to limit the scope of the European Union’s ReFuel EU Aviation initiative to intra-EEA flights. The legislation, to be proposed by the Commission, is expected to oblige the aviation sector to mix a percentage of Sustainable […]

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Malaysia to sue European Union in WTO lawsuit over palm oil

Malaysia to sue European Union in WTO lawsuit over palm oil

January 17, 2021 |

In Malaysia, Scandasia reports that the Malaysian government plans to file a lawsuit against the European Union on the trade bloc’s policy to phase out palm oil-based biofuels imports to the World Trade Organisation (WTO) by 2030. “Datuk Dr. Mohd Khairuddin Aman Razali, Plantation Industries and Commodities Minister said at a press conference at the […]

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Indonesia responds to EU forests regulation public consultation

Indonesia responds to EU forests regulation public consultation

December 27, 2020 |

In Indonesia, the Indonesian Palm Oil Association (GAPKI) made its submission to the EU Forests Regulation public consultation on reducing deforestation and forest degradation and is not supporting their position because it will affect the palm oil industry, disrupt trade between EU and Indonesia and undermine the recent signing of an EU-ASEAN Strategic Partnership. As […]

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Gunvor Group launches new $540M biodiesel loan

Gunvor Group launches new $540M biodiesel loan

December 6, 2020 |

In the United Kingdom, Reuters reports that energy trader Gunvor Group closed a new $540 million borrowing base facility to support biodiesel trading as it focuses more on promoting cleaner products in line with EU climate goals. The bookrunners for the deal were Credit Agricole and Rabobank. The loan is structured around the company’s biofuel […]

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EU Commission’s Farm-to-Fork strategy: UFOP misses economically sustainable perspective

EU Commission’s Farm-to-Fork strategy: UFOP misses economically sustainable perspective

May 31, 2020 |

In Germany, UFOP criticized the “Farm-to-Fork Strategy” presented by the European Commission, saying “This is not what perspective and collaboration look like” and “With this document, the EU Commission is far from taking this collaborative approach. On the contrary, agriculture is more or less directly denounced for undesirable nutritional developments and the use of technical […]

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Netherlands adamantly against EU ban on palm oil even when it’s sustainable

Netherlands adamantly against EU ban on palm oil even when it’s sustainable

February 20, 2020 |

In the Netherlands, Indonesia’s Tempo newspaper reports that the Netherlands’ foreign affairs minister says his country supports sustainably produced palm oil and as such doesn’t stand behind the European Union’s blanket ban on palm oil for biofuels. Together with Indonesia, the Netherlands signed an MOU in September 2019 focused on the joint production of sustainable […]

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