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http://www.biopowered.co.uk/forum/index.php/topic,462.msg3821.htmlThe plans also include a promise to end all public subsidies for crop-based biofuels after the current legislation expires in 2020, effectively ensuring the decline of a European sector now estimated to be worth 17 billion euros ($21.7 billion) a year.
"The (European) Commission is of the view that in the period after 2020, biofuels should only be subsidized if they lead to substantial greenhouse gas savings... and are not produced from crops used for food and feed," the draft said.
Such a limit will throw into doubt the EU's binding target to source 10 percent of road transport fuels from renewable sources by the end of the decade, the vast majority of which was expected to come from crop-based biofuels.
In an attempt to make up the shortfall, the European Commission wants to increase the share of advanced non-land using biofuels made from household waste and algae in the EU's 10 percent target.
So by the sound of it there will be an even greater focus on waste derived biofuels - those oil prices will keep on going up...