Industry Coalition Urges EU to Keep Renewable Transport Targets Beyond 2030
· Lubricants & Chemicals · European Union
FuelsEurope, together with 12 European energy and renewable fuel associations, has called on the European Commission to keep dedicated transport targets in the Renewable Energy Directive beyond 2030. In a joint industry letter, the groups argued that transport-specific goals are needed to drive investment in renewable and low-carbon fuels. The push comes as the Commission reviews the directive's post-2030 framework, with some policymakers favouring broader economy-wide targets instead of sector-specific ones. The coalition warns that removing transport targets could slow the deployment of advanced biofuels, e-fuels and other alternatives. For the lubricants and chemicals industry, the outcome will influence the availability and cost of renewable feedstocks and the pace of transition in liquid fuel markets that underpin lubricant base oil demand.
Why it matters:The EU's post-2030 renewable transport framework determines investment signals for low-carbon liquid fuels, which in turn affect feedstock availability and the long-term structure of the lubricants and chemicals industry.
Key points
- FuelsEurope and 12 other associations signed the joint letter.
- The coalition wants dedicated transport targets retained in the Renewable Energy Directive beyond 2030.
- The European Commission is reviewing the directive's post-2030 framework.
Sources (original reporting)
More stories from this day
- Panama Removed From EU Tax Haven Blacklist 10 Years After Panama Papers
- India Publishes Draft BS-VII Emission Norms for Commercial Vehicles
- IEA Urges Faster Emergency Diesel Stock Releases as Market Tightens
- MOL Group Opens First Biomethane Plant in Hungary
- TotalEnergies Lubrifiants Launches Battery Safety Plate for Immersion Cooling
- Anthropic Reports $16.8 Billion in Third-Quarter Revenue