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EU policy updates from


the re-refining industry On 19 December 2019, the European Commission put forward its communication on the European Green Deal aiming to set the path towards climate neutrality in Europe by 2050.


As part of the Green Deal, the key priority for GEIR remains to work towards setting a potential regeneration target for waste oil at the EU level through the ongoing assessment, as outlined in the Waste Framework Directive.


Nevertheless, other upcoming trends for waste oil would originate from the recent publication of the “Fit for 55 Package” by the Commission. This comprehensive and interconnected set of 12 legislative proposals aims to deliver the Green Deal by cutting 55% of greenhouse gas (GHG) emissions by 2030 in the EU. While the Package is focusing on several sectors, activities in transport & mobility, energy, industry and trade to a certain extent are the ones which would be the most strongly impacted. This package will define some of the future trends that will impact the demand and supply for waste lubricating oils, namely for engine and maritime oils.


The CO2 new CO2


Emission Standards Regulation proposal sets


reduction targets for cars and vans, with the objective to ban all sales of internal combustion engine cars and vans by 2035. Moreover, the Commission plans to create an adjacent EU Emissions Trading System (ETS) for road transport (and building heating) which will oblige fuel suppliers to buy and surrender emission allowances depending on the carbon intensity of the fuels. With regard to maritime transport, the FuelEU Maritime initiative is setting limits on the GHG intensity of energy used in ships notably through the uptake of alternative and low-carbon fuels. It is worth to pointing out that the Commission is also planning to extend the current ETS to maritime transport emissions. Finally, the revision of the Energy Taxation Directive sets the taxation on energy products based on their energy content and environmental performance, rather than the volumes consumed. It also introduces a minimum tax rate for maritime fuels to encourage the switch to less polluting alternatives.


LINK www.geir-rerefining.org


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