by Jussi Rosendahl (Reuters) Finland's centre-right government said on Thursday it planned to lift the share of biofuels blended in transport fuel to 30 percent by 2030 to help meet the country's emissions reduction targets.
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Paper maker UPM-Kymmene has recently started the world's first plant in commercial use to make biofuel from crude tall oil, a residue of pulp production.
China's Sunshine Kaidi New Energy Group and Nordic energy company St1 are also planning investments to make biofuel from sawdust and other wood residues. READ MORE and MORE (Helsinki Times) and MORE (Biofuels International)
Excerpt from Biofuels International: The Finnish government is exploring the implementation of a €100 million subsidy package for 2017-2020 to speed up the uptake of biogas- and electricity-powered cars.
With the subsidy, the government aims to have 250,000 electric and 50,000 biogas cars on Finland’s road by 2030, which would mark a massive increase from the current 2,250 fully electric or hybrid cars.
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“However, I want to emphasise that electric cars alone will not be enough to hit the emission reduction goals. We must renew the car pool in other ways as well,” said Tero Kallio, CEO of the Association of Automobile Importers in Finland.
Kallio says that removing the tax paid on new cars in its entirety would be an effective to contribute to emissions reductions, but such a decision would be a blow to the Finnish economy as the tax earned the state nearly €900 million in 2015.
He also highlights the role of biofuels in reducing emissions. The Finnish government is planning to include a target of having a 30% blending mandate for biofuels into fossil fuels by 2030.
According to the current government agenda, Finland is on track to halve its oil consumption by 2030 as part of EU climate policy.
Road transport contributes approximately one fifth of Finland’s annual climate-impacting carbon dioxide emissions. READ MORE
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