Biofuels from waste has excellent potential in EU

In world where there are one billion hungry people it is unacceptable to use food crops to produce biofuels. The world is already finding it very hard to produce enough food, and using food crops to produce biofuels would not only cause severe food shortages but also higher food prices, which would in the end lead to even more hunger and more poverty in the world.

Producing biofuels from trash and plant waste is completely different story, something that actually looks like the positive solution from not only energy point of view but also from environmental and even social point of view.

According to the latest analysis by the Bloomberg New Energy Finance biofuels made from plant waste and municipal trash could replace more than half of gasoline used in the European Union by 2020.

In order to achieve this EU would need to build at least 100 refineries a year from 2013, and by doing so EU would make around 90 billion liters (24 billion gallons) of ethanol in 2020, which is roughly around 65% of predicted fossil gasoline use in 2020.

This however, despite the excellent potential, doesn’t look likely to happen in EU in the upcoming years. EU still has uncertain energy policy with no clear incentives for biofuels. In this case, EU can even learn something positive from US (for a change), where lot of government initiatives have been taken with mandates on certain amounts of biofuel to be consumed.

Biofuels have excellent potential in EU but with current energy policy this potential will mostly remain untapped. Without the clear incentives EU biofuels industry won’t be able to compete with US and Brazil, and EU will lose a chance to build one very promising renewable energy market.

Posted byNed Haluzan

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