
Fuel suppliers in Ireland will have to include around 4% of biofuels in their annual fuel sales from July 2010 in order to reduce CO2 emissions and increase energy security.
According to a statement from the government, the biofuels used must produce 35% less greenhouse gas than their fossil fuel comparators and must meet the EU Sustainability Criteria for biofuels. Furthermore they “cannot come from carbon sinks i.e. rainforests and savannahs” and strict reporting requirements on “social conditions i.e. water cannot be diverted from indigenous populations” will be in place.
Energy minister Eamon Ryan, who announced the Biofuels Obligation said “we do not have oil supplies of our own in Ireland but we can produce biofuels. We need an alternative to fossil fuels in order that we have a secure energy supply into the future. Biofuels can provide part of the answer. This Obligation will place responsibility on fuel suppliers to move towards low-carbon fuel”.
The Obligation “will be on the companies in question and at no cost to the taxpayer” and will be administered by the National Oil Reserves Agency.
To read the article in full please visit The Irish Times.
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