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Fuel tax decline has cost 350,000 jobs

On the day the European Commission is set to propose an increase in the minimum level of road diesel taxation in Europe (1), a new study shows
that average road fuel taxes in Europe have declined by 10 cents per litre in real terms since 1999.  If taxes had been inflation-corrected and the revenues
used to lower labour taxes, 350,000 jobs would have been saved, oil imports would have been cut by €11 billion, and road transport CO2 emissions would
have been 6% lower, according to the report (2).

Green NGOs urge renewable energy standards to be included in the ETS

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Sustainability standards for bioenergy should be included in the EU Emissions Trading Scheme (ETS) as they are in the Fuel Quality and Renewable Energy directives, according to a group of ten environmental NGOs including Transport & Environment.

Time to consider investing in fuel-saving technologies

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T&E's Nusa Urbancic writes in today's Financial Times:

Sir, Your special report on oil and gas (March 21) highlighted renewed investor interest in biofuels and tar sand oil following recent rises in the oil price. But it failed to mention California’s low-carbon fuel standard or the European Union’s revised fuel quality directive, two recent regulatory developments that will have important implications for these alternative sources.

Will EU stand up to Canada on tar sands?

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Europe’s climate commissioner Connie Hedegaard is promising to stand firm on a growing battle between the EU and Canada over the environmental status of tar sand fuels. Reports last month said Canada was threatening to pull out of a wide-ranging trade deal with the EU if Brussels insisted on giving tar sands a higher carbon value than conventionally extracted oil, although the Canadians have since denied this.

Evidence of indirect land-use change is clear, says report

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A report by Germany’s Öko Institut says there is sufficient scientific knowledge for the EU to include the effects of indirect land use change (Iluc) in its sustainability criteria to determine which biofuels will help reduce greenhouse gas emissions. The report was commissioned by the European Parliament’s environment committee, and puts further pressure on the Commission to include ILUC in its assessment of policy options on biofuels due to be published in July.

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