The road ahead for biofuels is unclear and fraught with pitfalls, warns the European Court of Auditors in a report published on Wednesday 13 December. The lack of a long-term perspective has affected investment security, while sustainability issues, the race for biomass, and high costs constrain the deployment of biofuels.
“The future of biofuels is foggy. Policy predictability is key for private investments in the new technologies needed for advanced and more sustainable biofuels”,...