– 1.7% The decrease of biofuels consumption for transport in the European Union between 2014 and 2015 (in energy content)
The European biofuel market is now regulated by the directive, known as ILUC, whose wording focuses on the environmental impact of firstgeneration biofuel development. This long-awaited clarification has arrived against the backdrop of falling oil prices and shrinking European Union biofuel consumption, which should drop by 1.7% between 2014 and 2015, according to EurObserv’ER.
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