Helihub : Business Aviation s first-ever EU Summit delivers European vision for further deployment of SAF helihub.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from helihub.com Daily Mail and Mail on Sunday newspapers.
The imports of Used Cooking Oil (UCO) intended for the decarbonisation of EU transport are expected to significantly rise, a new report has found. However, the report also called on the EU to put limits on its use, considering its controversial origin and its hidden links to palm oil.
Used Cooking Oils (UCO) are considered waste-based and are double-counted under the EU’s renewable energy directive to decarbonise Europe’s transport sector. But the current directive does not distinguish between domestically collected oils and those imported from third countries.
Critics also suggest some of those oils contain palm oil, which the EU has decided to phase out in order to slow deforestation in tropical countries.
Europe’s transport decarbonisation has never been an easy task. Transport is responsible for as much as 27% of the total greenhouse gas emissions in the EU and the European Commission admits that by 2030 things will not change dramatically.
Several pieces of legislation, such as the Renewable Energy Directive (RED), have attempted to change things, but without remarkable results.
The problem, as we all know, will not be fixed if one ignores reality. And if one disregards it on purpose, things will only deteriorate.
As an indication of the progress we have made, the Commission says, citing Eurostat, that renewables in the transport sector represented 8.9% in 2019.
Info
21 April 2021
by WWF last modified 21 April 2021
EU rules published today classify industrial logging and the burning of trees and crops for energy as sustainable investments. This is catastrophic news for the climate and biodiversity, and is the opposite of the aim of the rules, or EU taxonomy , which is to stamp out greenwashing in the finance sector.
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This turns the science-based taxonomy to a lobby-based taxonomy. Accordingly WWF is left with no choice but to ask the European Parliament and Council to reject the European Commission s Act. This is despite our longstanding support for the initiative, and our work as part of the EU Technical Expert Group (TEG) and EU Platform on Sustainable Finance developing taxonomy criteria recommendations.
The Europe vegetable oil market was valued at USD 29,220 6 million in 2020, and it is projected to witness a CAGR of 4 13% during the forecast period, 2021-2026 padovanews.it - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from padovanews.it Daily Mail and Mail on Sunday newspapers.