Waste and residues based advanced biofuels can generate up to 90 % less CO2 emissions than fossil fuels, calculated over the life cycle.
Increased use of wastes and residues means increased resource efficiency. High-quality advanced biofuels are a high value-add product which can reduce CO2 emissions by up to 90% compared to fossil fuels, calculated throughout the life cycle.
In 2013, Neste produced enough renewable diesel from waste and residues to power one million cars for a year. Advanced biofuels drive investment in sustainable innovation, and Neste Oil’s R&D focuses on non-food raw materials and other input that can reduce land-use and contribute significantly to reducing GHG emissions.
In 2012, Neste produced enough renewable diesel from waste and residues to power 740,000 cars for a year
One of the objectives of the current EU renewable energy directives is to encourage the use of wastes and residues in the biofuel production because of their resource efficiency and high CO2 saving potential.
This policy should not be undermined by the so-called "waste hierarchy" embedded in the EU's Waste Framework Directive. Refining wastes to biofuels should be considered as recycling - as are other uses that reprocess waste material into new products. It is not conceivable that, for example, use of animal fats in cosmetics would be of higher value than producing advanced biofuels that save 90 per cent of CO2 emissions.