Creating biofuels from waste produced by industry, farms, and households could generate 36,000 jobs in the UK and save around 37m tonnes of oil use annually by 2030, according to a new report.
Across Europe, hundreds of thousands of new jobs could be created by using these ‘advanced biofuels’, which could replace 16% of the continent’s road transport fuel by the same year, the International Council on Clean Transportation (ICCT) study said. But the gains will not come without ambitious policy to promote advanced biofuels, it warned.
“Alternative fuels from wastes and residues offer real and substantial carbon savings, even when taking account of possible indirect emissions,” said Chris Malins who led the analysis for ICCT . “The resource is available, and the technology exists – the challenge now is for Europe to put a policy framework in place that allows rapid investment.”
However, a key vote in the European Parliament’s environment committee next week could stop this potential being realised, as a centre-right grouping of MEPs has signalled that it will oppose a biofuels reform package considered crucial to the fledgling industry.
The committee will vote next Tuesday on a compromise biofuels reform bill that would mandate a goal of advanced biofuels providing 1.25% of Europe’s transport fuel by 2020.
Biofuel from trash could create green jobs bonanza, says report