Dead Biofuels

A recent press release from the Biofuels Corporation highlights the real difficulties that the biofuels sector is currently suffering. In the absence of assistance from the government the sector has been struggling in the face of low oil prices which has real implications when you consider the Renewable Transport Fuels Obligation which obligates all EU member states to have a minimum proportion of biofuel as a total of road fuel.

The fact that nobody has been able to make any money at it does not bode well for the future, as the infrastructure investment - including the farming of fuel crops will not happen unless investors can see a real future.

Cutting carbon emissions is fine if all you want to do is make a lot of hot air - but to deliver results we need to see far stronger leadership from the government than we currently are.