19 December 2017, CSIRO-ECOS, Refining the accounts on canola emissions savings. BIOFUELS are about to work even harder to prove their renewable worth, under new European Union rules. From 2018 the European Commission’s Renewable Energy Directive mandates that biofuels must demonstrate a 50 per cent emissions saving compared to their fossil fuel companions (or a 60 per cent saving when produced in refineries constructed after October 2015), compared to a flat 35 per cent saving now. CSIRO was commissioned by the Australian Oilseed Federation and the Australian Export Grains Innovation Centre to assess the greenhouse gas emissions of growing canola in Australia, in order to continue exports to the European Union for use as a feedstock for biodiesel under the new rules. In 2016/17, more than 3.1 million tonnes of Australian canola was exported to the EU, worth around $1.8 billion. EU buyers can pay a $20-40 per tonne premium for non-genetically modified canola (which Australia primarily produces), making the EU export market one with a cool $100 million premium riding on it. The vast majority of this canola (91 per cent in 2015-16) is used to make biodiesel. To secure this important export market the Australian industry needed to demonstrate that canola can be grown at a low enough carbon footprint so that once all the other processes of shipping and refining are added, the final product can be deliver to the customer at the fuel bowser within the target saving of 50-60 per cent. We are happy to say it did. Read More here