The Spanish government announced on Feb. 22 that it has approved the downward revision of its mandatory consumption targets for biodiesel from 7 percent to 4.1 percent, according to a document from the Ministry of Industry, Energy and Tourism.

“It is considered appropriate to revise the mandatory consumption targets for biofuels in 2013 and thereafter, setting targets that minimize the fuel prices and ensure some stability in the sector,” states the document. “These new goals will minimize the price of fuel and [provide] time [to] analyze technological developments necessary to achieve the [EU] targets for 2020 of 10 percent penetration of renewable energy in transport.”

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