- Aug 9, 2011
Biofuel consumption slows in European Union
According to the latest annual report by renewable energy group Eurobserver, the European Union's appetite for biofuel slowed in 2010, increasing by only 1.7 million tons of oil equivalent, compared to official EU consumption data for 2009. Though a 1.7-million ton spike seems like quite the jump, the EU's biofuel consumption in 2009 shot up by 2.7 million tons of oil equivalent over 2008 figures. One year's results do not make for a trend, but if the EU's demand for biofuel is already starting to dwindle, then the IEA's 750-million ton mark might be out of reach.