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Fuel Retailing, Biofuels . Promoting biofuels in Europe. Petroleum Review, Retail Marketing Survey, April 2007, P. 30

With the significant rise in oil prices and the growing concern about stable, secure and environmentally friendly energy supplies, the promotion of biofuels use in transport is a priority on the European political agenda. Today, biofuels are the only way to significantly reduce oil dependence in the transport sector. As part of its Energy Policy for Europe, the European Commission is committed to encouraging the production and sue of biofuels by proposing to set a binding minimum target for biofuels of 10% of vehicle fuel by 2020.
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