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European Union is ready to restrict the amount of crop based biofuels to 7%

European Union is ready to restrict the amount of crop based biofuels to 7% in its transportation sector. The deal has reached to the final stage and now requires voting of the environment committee of the European parliament on 14th April and further endorsement by the plenary session of the parliament.

This is very important as according to the current legislation EU members are required to ensure that by 2020 minimum 10 percent of the energy in transportation will come from renewable resources. The capping of crop based biofuels can be a boost for advanced biofuels made from seaweed and waste.

Crop based biofuels have been blamed for increasing food prices, deforestation and therefore increasing greenhouse gas emissions.

Read more at http://www.euractiv.com/sections/energy/eu-reaches-tentative-deal-cap-food-based-biofuels-313489

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Karnataka to get $50 million dollars for biofuel

In India the Karnataka States’ Biofuel Development Programme  is set to get a boost in the form of  $50 million dollars from International Fund for Agriculture Development (IFAD). The loan can be utilized in various activities such as plantation of biofuel crops and production. Biofuel Development Board of Karnataka has been active in promoting biofuels and  has established biofuel information and demonstration centres with about 100 l per day capacity in each district. These centres are being scaled up to 150-200 l capacity. The Board also owns a 500 litre biodiesel production plant at Hatti Gold Mines. The loan conditions include 1% interest with a 50-year repayment period.

China’s first commercial flight powered with biofuel was successfully completed

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India achieved only 1.4% ethanol blending this fiscal year

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