An Examination of U.S. and EU Government Support to Biofuels:
Both the U.S. and the EU are presently considering significant increases in their biofuels mandates in transportation fuel. IPC’s latest study, An Examination of U.S. and EU Government Support to Biofuels: Early Lessons, finds that in the absence of commercially viable second-generation biofuels, ambitious mandates coupled with high tariffs that serve to largely limit tax incentives to domestic producers, risk a disproportionate focus on U.S. and EU first-generation biofuels. The report also demonstrates that a lack of internationally agreed technical and sustainability standards as well as a lack of clarity about international trade obligations, can increase this tendency. The report urges the U.S. and EU to adopt policies that serve to promote those uses of biomass which are most energy efficient and show the greatest promise of reducing greenhouse gas emissions, regardless of national origin.
Read An Examination of U.S. and EU Government Support to Biofuels: Early Lessons
Read the Press Release