Spanish regulator wants to keep biofuel quotas separate in fear of ethanol losing out

In Spain, the national regulator CNMC won’t support a move to combine the ethanol and biodiesel blending quotas into a single quota, a shift that it says would damage the investments that have so far been made in the sector. Specifically, it fears the quota would lead to an over-reliance on biodiesel to fulfill the quota to the detriment of ethanol. The agency does support, however, a shift towards 5% biofuels in 2016 and 8% for 2020 while maintaining the current minimums of .9% for gasoline and 4.1% for diesel, which should provide enough flexibility for retailers to adjust to prices and demand shifts.

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