UK seeks to lower EU renewables target by double counting biofuels

In the UK, the government has proposed “double counting” biofuels as part of the renewable energy targets for 2020 that require 20% green energy. Up until now, the targets had been separate with 10% for transport and 20% for power, but the UK’s proposal would lower the 20% power target to 19.5%. The move in theory would reduce investment in renewables by $7.55 billion a year to 2020.

Category: Policy