Advanced biofuels today help reduce C02 emissions by up to 90% and are the most efficient way to reduce carbon in transport in the existing car pool.
Advanced biofuels produced as little as 10% of the greenhouse gas (GHG) emissions of renewable diesel.
Biofuels are made from biomass. That means that the CO2 in them has been absorbed from the air through growing biomass, and therefore when it is released through burning, the net emission is considered to be zero. And as biomass grows again, CO2 is absorbed again. In European and North-American biofuels policies, CO2 emissions from cultivation, refining and transporting biofuels are taken into account when assessing the CO2 reductions achieved through the use of biofuels.
Advanced biofuels produced as little as 10% of the greenhouse gas (GHG) emissions of fossil diesel
In addition to road transport, high-quality advanced biofuels can be used as aviation fuel, compatible with existing jet engines. Neste Oil's renewable aviation fuel was used for 1,187 Lufthansa flights, providing a 1,471-ton reduction in CO2 emissions.
Advanced biofuels can be used in other industries, such as in the plastics and chemicals industries, to replace fossil raw materials.
A mandatory and technologically-neutral target for renewables in the transport sector is a quick, readily-available and proven way to significantly reduce CO2 emissions from the transport sector. Such a target for the period after 2020 is also imperative for maintaining investors' confidence towards advanced biofuels.
The EU has to aim at creating a genuine single market for biofuels through sufficient EU level harmonization and abolishment of distortive operating subsidies for biofuel production.
A stable and long-term regulatory framework is needed to act as a driver for the market. Legislation should not undermine existing advanced biofuel investments, while driving the market towards further uptake of advanced biofuels by implementing a mandatory minimum target for high-quality advanced biofuels.