28 Sep '12, 11am

Press release: Draft EU proposals would devastate UK #biofuels industry #renewable #transport

The UK biofuels industry stands to be devastated by draft proposals being developed by the European Commission [2]. If implemented, the proposals would shift the goalposts for the industry so dramatically that millions of pounds of investment could be wasted, including in the most advanced UK businesses. All significant investment in the sector would likely cease and dependency on oil will increase. Nearly £1 billion has been invested in the UK in the production of sustainable biofuels, but our industry remains small by EU standards.

Full article: http://www.r-e-a.net/news/draft-eu-proposals-would-devast...

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