Biotech Updates

Finland Government to Implement 30% Biofuel Mandate by 2030

December 1, 2016
http://biofuels-news.com/display_news/11422/finland_to_implement_30_biofuel_mandate_by_2030/

The government of Finland has approved a new national Energy and Climate Strategy plan on how to reach climate targets by 2030.

The government's goal was to have the share of renewables in the Finnish energy pool to surpass 50% in 2020s, with an end goal of reaching carbon neutrality. The share of biofuels in the fuel pool will also be increased to 30% by 2030. The government focused on road transport, where the potential for reduction is the greatest.

Finland also wants to speed up renewing its car fleet and have 250,000 electricity- and 50,000 gas-fuelled vehicles on the road by the end of the plan. By 2030, imports of petroleum products for domestic use will also be decreased by 50% from 2005 levels.

The government is also examining further steps towards being an economy based entirely on renewables by 2050.