The direct regulation of biofuels in the European Union is now governed by the 2009 Renewable Energy Sources Directive which came into force in June 2009. It establishes a 10% binding target for renewable use in transport by 2020.
The talk examines the following issues
- Does the new regime achieve its stated objectives of energy security in the transport sector and climate change mitigation?
- Does the new regime provide sufficient legal certainty to the investment community (a purported aim of the binding nature of the 10% target)
- The Directive also establishes the world's first system of environmental sustainability certification for biofuels. Are these sustainability criteria in breach of the EU's international obligations (in particular under WTO law)?
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