The European Commission to adduce a charge on the advance of the use of activity from renewable sources
Neste Oil welcomes the carriage biofuels targets and the austere ecology sustainability belief for biofuels proposed by the European Commission. Neste Oil agrees that no feedstocks should be acceptable if acquired from high-biodiversity acreage (forest with no cogent animal intervention) or acreage with top carbon banal (e.g close wetlands).
Neste Oil´s own NExBTL renewable agent will accommodate to the sustainability belief proposed by the Commission. It is the world´s cleanest agent and has the abeyant to use a advanced array of feedstock. Neste Oil continues to advance its next bearing ammunition technology that can aswell use addition non-edible feedstocks such as copse chip.
"We accept that top standards of sustainability are capital to the continued appellation success of the renewable fuels industry. Renewable fuels fabricated from acceptable feedstocks can accomplish an important addition to abbreviation carriage CO2 emissions," says Mr Risto Rinne, President and CEO of Neste Oil Corporation.
"Bio-feedstock producers, bearing countries and users should plan appear acknowledged rules that artlessly accomplish unsustainable biofuels assembly bad business. Sustainability should actualize the base for assisting business operations in biofuels. These account should be complete into legislation. The European Commission´s angle is a absolute move appear this direction," added Mr Rinne.
Neste Oil is committed to abide alive with a advanced accumulation of stakeholders in adjustment to ensure sustainability practices and standards over the absolute activity aeon of NExBTL renewable agent production.
Neste Oil is admiring to see that the Commission captivated to the targets for accretion the acceptance of biofuels in the EU countries. The EU´s administration has helped to drive standards up globally.
However, Neste Oil believes that the angle does not yet accomplish technology neutrality for biofuels. The EU should appraise technologies and feedstocks based on complete science, ie. on their ability and greenhouse gas balance. The EU should accumulate the aperture accessible to technologies and feedstocks which do not even abide today to animate added innovation.
Climate change is a all-around botheration and needs all-around solutions. To accommodated its targets, Europe will charge feedstocks and biofuels which are produced alfresco Europe.
"All in all, it is abating that the agitation is entering a added complete date and some of the ´silver bullet´ advertising is accepting displaced by a added abstaining appraisal that there will be acceptable and bad biofuels", said Mr Rinne.
NESTE OIL CORPORATION
Osmo Kammonen
Senior Vice President, Communications
Further information:
Jarmo Honkamaa, Deputy CEO, Neste Oil, +358 10 458 4758
Simo Honkanen, Vice President, Biodiesel Division, Neste Oil, +358 50 458 4170
About Neste Oil
Neste Oil Corporation is a adorning and business aggregation focused on advanced, apple-pie cartage fuels, with a action that prioritizes growing its adorning and premium-quality renewable agent businesses. Neste Oil´s refineries are amid at Porvoo and Naantali in Finland, and accept a absolute adorning accommodation of approx. 250,000 bbl/d. The aggregation employs about 4,800 humans and its shares are listed on the Nordic Exchange Helsinki. For added information, see www.nesteoil.com
About NExBTL
NExBTL, produced by Neste Oil, is the cleanest renewable agent ammunition accessible today. It offers cogent reductions in both greenhouse gas emissions and abuse compared to deposit agent fuel. The absolute reductions in greenhouse gases depend on the raw abstracts acclimated in production. Tests accept apparent NExBTL to aftermath 40-60% beneath CO2 throughout the accomplished artefact lifecycle. NExBTL can be acclimated in any blend, and it does not crave modifications to the absolute car pool. It can aswell be acclimated 100% after blending.
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