Superior Biofuels Coalition (LSB) place on Web Zero Trade Act
The Superior Biofuels Coalition (LSB), representing the main firms within the superior biofuels business, specific its considerations that regardless of the pressing have to speed up defossilization of transport in highway, aviation and maritime sectors, the Web Zero Trade Act doesn’t acknowledge the position of the renewable low-carbon fuels sector and superior biofuels.
- LSB regrets that superior biofuels will not be particularly listed within the Web Zero Trade Act proposal as a expertise to be thought-about throughout the scope of assist and extra particularly, as strategic net-zero applied sciences alongside different expertise areas. Whereas we recognize that sustainable different fuels are included within the definition of net-zero applied sciences, we fail to grasp that they don’t seem to be included as a strategic expertise. Superior biofuels are of strategic relevance as they supply a sustainable home useful resource that may strongly contribute to the EU vitality safety and local weather targets.
- We perceive the Web Zero Act is a response from EU authorities to the US Inflation Discount Act and different main economies energetic assist to key enabling applied sciences. Exterior of the EU bloc, policymakers are increasing incentives to assist an accelerated contribution of superior biofuels to move The US IRA particularly consists of important tax credit in assist of sustainable different fuels. Quite the opposite, the Web Zero Trade Act solely features a quick listing of sectors with no readability on how the European Fee has decided such an inventory and which standards have been used.
- Superior biofuels produced from Annex IX half A feedstocks (Renewable Power Directive) may help lowering GHG emissions as much as 95% and have the potential to turn into zero emission. They signify novel applied sciences and extremely sustainable different vitality sources, as acknowledged by the mandate within the RED, and like different web zero applied sciences they require fast scaling up by means of sooner allowing.
- We name upon the co-legislators to amend the proposal and safe.
Contact:
Marko Janhunen
Chair, Superior Biofuels Coalition
marko.janhunen@upm.com
tel. +358 50 590 0047