Position on the EU Fit For 55 Climate Package Proposal
The Advanced Biofuels Coalition LSB, representing the leading companies in the advanced biofuels industry, strongly supports the EU target for climate-neutrality by 2050 and the need for more ambitious 2030 intermediate targets. We believe that our sector will play an important role in achieving the EU targets. However, while we recognize that advanced biofuels have been given a growing role within the proposed revision of the Renewable Energy Directive (RED), the advanced biofuels industry is concerned about the overall framework conditions, growing regulatory complexity and the impact on investment planning.