Date: May, 2009
Abstract: In December 2008, the EU’s long-awaited ‘Climate Action and Renewable Energy Policy Package’ (hereafter referred to as ‘the Directive’) was finally endorsed by the European Parliament, the European Council and the European Commission.1 The new Directive includes provisions for biofuels which will replace the Biofuel Directive of 2003 that expires at the end of 2010.The adoption of a mandatory 10 percent consumption target of renewable energy in land (road and rail) ...
Research Type: Industry Note