Biofuels made from food-and-feed crops do not meet the EU’s green taxonomy criteria, according to a European Commission proposal, a move biofuel makers said will hamstring Europe’s ability to meet green transport goals.
The green taxonomy proposal, published on 21 April, is a signal to financial markets that investing in these first-generation biofuels goes against EU environmental aims.
While other forms of biomass, including advanced biofuels made from forestry residue and food waste, are given the green light, transport biofuels derived from crops fit for human and animal consumption – such as wheat and corn – are excluded from the taxonomy.