Life cycle GHG emission reduction target
The set the obligation for fuel suppliers to reduce GHG life cycle emissions of fuel per unit of energy from transport, by a mandatory 6% by December 31, 2020 and an additional indicative 4%, compared to the reference value of 88.45 g CO2eq/MJ.
The sectors applicable to this target are road and non-road machinery.
Measures counted towards the target
The following measures may be counted towards the target:
•Biofuels used in aviation
•Upstream emission reduction (UER)
•GHG credit trading from one supplier to another
Penalty
Fuel suppliers can buy-out of their GHG reduction obligations by paying a buy-out of GBP 7.4 (EUR 8.90) per kg of CO2 emitted above the reduction target