Brazil's biofuel industry welcomes EU climate change package

[Fledermaus]

SAO PAULO, Brazil, Jan. 23 /PRNewswire/ -- The Brazilian Sugar Cane
Industry Association (UNICA) welcomes the proposal by the European
Commission released today as a sensible approach to meet the ambitious
binding targets agreed on by heads of government from the European Union
last March. The draft directive paves the way for biofuels to make up at
least 10% of transport fuels in Europe by 2020, which goes a long way
towards the development and consolidation of a biofuels market in Europe.

The draft directive, which must be approved by the European Parliament
and member states, calls for the development of criteria to ensure biofuels
produce at least 35% less greenhouse gases and are produced in a
sustainable manner based on "the best available scientific evidence and
relevant international norms."

"We welcome regulation that encourages sustainable production in a
cost- effective way," said UNICA President and CEO Marcos Jank.
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