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Neste welcomes the French government’s ambition to increase the share of renewable energy in the transport sector.
Neste welcomes the French government and Senate’s decision to increase the share of renewable energy within the overall energy consumption of the transport sector. This decision will pave the way for important steps forward in the efforts to combat climate change.
In January 2024, the required minimum share of renewable energy will increase from 8.6% to 9.2% to further accelerate greenhouse gas emission (GHG) reductions in the transport sector. This increase comes as a welcomed solution to support the transport sector’s decarbonization roadmap in France and is in line with the EU’s revised binding targets for renewable energy.
By 2030, 29% of the energy consumption in the transport sector of all Member States will have to come from renewable sources, or achieve a 14.5% reduction in the sector’s greenhouse gas intensity through the use of renewables.
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Katja Wodjereck, Executive Vice President, Renewable Products at Neste said:
The ambition shown by the French government in increasing the required share of renewable energy in the transport sector in France is a great example of how environmental and industrial policies can be reconciled.
“In France, transportation is one of the largest sources of greenhouse gas emissions, accounting for more than 30% of all such emissions. For France to reach carbon neutrality by 2050, all solutions are needed to reduce the emissions,” Katja Wodjereck continues.
Neste’s commitment to reduce the transport sector’s emissions was illustrated in November with the signing of agreements with two fuel distributors to sell Neste MY Renewable Diesel in the French market. Fuels such as Neste MY Renewable Diesel™, produced from 100% renewable raw materials, are a ready-to-go solution for emission reductions.
They are widely available and their use helps reduce emissions from the existing fleet of both light-duty and heavy-duty vehicles in Europe and elsewhere. They are an essential piece of the sustainable mobility puzzle.
With Neste MY Renewable Diesel™, greenhouse gas (GHG) emissions can be reduced by as much as 75% to 95%* over the life cycle of the fuel compared to fossil diesel. Neste MY Renewable Diesel is fully compatible with all diesel engines and the existing fuel distribution infrastructure. Neste MY Renewable Diesel has a similar chemical composition to fossil diesel, making it a drop-in replacement to it.
Neste’s renewable diesel can be used unblended (100% concentration, i.e. “neat”) without the need for any changes in the diesel-powered vehicles or their engines. The use of 100% renewable diesel is widely approved by vehicle and engine manufacturers.
Neste welcomes the French government’s ambition to increase the share of renewable energy in the transport sector, December 21, 2023
