Examine the European Biofuels Market as Biodiesel Accounts for 80% of European Biofuels...

Wednesday July 9, 10:01 am ET DUBLIN, Ireland--(BUSINESS WIRE)--Research and Markets has announced the addition of the "European Biofuels Market" report to their offering. In the European Union (EU), transport is responsible for an estimated 21% of all greenhouse gas emissions that are contributing to global warming and this percentage is rising. In order to meet sustainability goals, in particular the reduction of greenhouse gas emissions agreed under the Kyoto Protocol, it is therefore essential to find ways of reducing emissions from transport. In light of this objective, along with diversifying fuel supply sources and developing long-term replacements for fossil oil, the European Commission proposed targets for biofuels in transport fuel by 2020 among the member states. This binding is a part of long-term energy package,... [read full story]