In many respects, the European Union’s first Renewable Energy Directive (RED) represented a beacon of sustainability for Europe and for the EU’s major trading partners. The emphasis on renewable energy and the use of edible vegetable oils for biofuels resulted in substantial investment into the sector, not just in Europe but also internationally.
Europe indeed took the lead in encouraging sustainability and European industry, and was quick to support the policy through large capital investment that generated jobs in both the upstream cultivation of oil seeds and downstream biofuel production. It was an industry that was willing to invest and innovate in this important sector in support of EU policies.
A number of countries also replicated the EU policy approach by setting their own domestic biofuel targets in an effort to reduce their use of foss...
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