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Oettinger rules out 2030 target for biofuels

By Emily Waterfield ( February 7, 2012, 10:20 GMT | Insight) -- The European Commission will not propose binding targets for the use of biofuels beyond the current 10 percent set for transport by 2020, according to EU energy chief Günther Oettinger. With current technologies and transport systems, the commissioner said longer-term targets for biofuels were “not worth the candle.”Brussels - The European Commission will not propose binding targets for the use of biofuels beyond the current 10 percent set for transport by 2020, according to EU energy chief Günther Oettinger....

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