Brazil's Sugar Cane Industry Welcomes European Commission Proposed Directive on Renewable Energy Sources.(Industry overview)
PR Newswire Europe, January, 2008
SAO PAULO, Brazil, January 23 /PRNewswire/ --
The Brazilian Sugar Cane Industry Association (UNICA) welcomes the proposal by the European Commission released today as a sensible approach to meet the ambitious binding targets agreed on by heads of government from the European Union last March. The draft directive paves the way for biofuels to make up at least 10% of transport fuels in Europe by 2020, which goes a long way towards the development and consolidation of a biofuels market in Europe.
The draft directive, which must be approved by the European Parliament and member states, calls for the development of criteria to ensure biofuels produce at least 35% less greenhouse gases and are produced in a sustainable manner based on "the best available...
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