Britain: Biofuel Targets Will Reduce Diesel Reliance

Posted by Joseph Keefe
Friday, April 13, 2018
British biofuel targets coming into force this weekend will double the use of renewable fuels in the UK transport sector in 15 years and reduce reliance on imported diesel, the government said on Friday.
The new targets, which take effect on April 15, will compel transport fuel suppliers who sell at least 450,000 litres a year or more to make sure the mix is at least 12.4 percent biofuel by 2032, the government said.
The industry supplies fuel to transport companies such as haulage businesses and airlines.
Changes to the so-called Renewables Transport Fuel Obligation (RTFO) will increase the biofuels volume target to 9.75 percent in 2020 and 12.4 percent in 3032 from the current 4.75 percent.
The changes will also reward and support the production of sustainable renewable aviation fuels in Britain.
"The changes we are introducing will double our carbon emissions savings from the RTFO scheme by doubling the use of renewable fuels and reducing reliance on imported fossil diesel," said British transport minister Jesse Norman.
"This will deliver emissions savings equal to taking hundreds of thousands of cars off the road."

Reporting by Nina Chestney 

Categories: Energy Environmental Fuels & Lubes Government Update Legal Renewable Energy

Related Stories

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

CNOOC Launches New Offshore Oil Development in Southern China

Seatrium Maintains $12.8B Order Book on Renewables and FPSO Progress

Mooreast to Assess Feasibility of Floating Renewables Push in Timor-Leste

Sponsored: Energy Sector Urged to Scale AI Adoption at ADIPEC

How Hot Is Your Cable? Understanding Subsea Cable Thermal Performance

Floating Offshore Wind Test Center Planned for Japan

CIP, Petrovietnam Team Up for Offshore Wind Project in Vietnam

Current News

PV Drilling’s Jack-Up Rig Returns to Asia Ahead of April Drilling Ops

South Korean Firm Buys Into Indonesian Offshore Oil Block

Petronas, CNOOC Ink LNG Sale and Purchase Agreement

Russia Gives ExxonMobil More Time to Exit Sakhalin-1 Oil and Gas Project

Yinson Production Cuts First Steel for Vietnam-Bound FSO

CNOOC Makes Major Oil Discovery in Bohai Sea

DOF Bags Two Deals in Asia-Pacific Region

CNOOC Launches New Offshore Oil Development in Southern China

Saipem Nets Multibillion-Dollar Job at World's Largest Offshore Gas Field

Indonesia Tenders Eight Oil and Gas Blocks as Output Declines

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com