Biotech Updates

Report Analyzes European Biofuels Challenge

August 15, 2008
http://www.biomassmagazine.com/article.jsp?article_id=1898
http://www.thebioenergysite.com/news/1303/second-generation-biofuels-will-attract-significant-investment-in-europe
http://www.reportbuyer.com/energy_utilities/alternative_energy/biofuels/european_biofuels_challenge.html

 A report by Urmila Doraswami entitled, “The European Biofuels Challenge: Developments in European Union (EU) Policy and Industry Drivers”, gives an analysis of the challenges and drivers of the European biofuels industry within the EU legislation environment. The report traces the circumstances driving the growth of the European biofuel industry, and “geopolitical undercurrents surrounding global oil production and distribution strategies, climate change and government subsidies such as Europe's Renewable Energy Sources (RES) Directive”. According to the report, “quality as opposed to quantity” will be an an important factor in biofuel feedstock selection, and that a “high premium will be placed on carbon savings and sustainability credentials, making second generation biofuels an attractive investment”..