FIGHTING CLIMATE CHANGE
2
order to make the greatest possible contribution to the target of -55% set for 2030, and carbon neutrality by 2050.
TWO ACTIONS
In each of these areas, TECHNOLOGICAL DEVELOPMENT is of key importance for the energy transition.
2020 SUSTAINABILITY REPORT
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APPENDIX
THE BIO-ECONOMY must therefore begin to look more closely at circularity, and begin to change the way it views waste, not only agricultural and forestry biomass.
CHAPTER 5
ORGANIC RAW MATERIALS for the production of biofuels are limited in quantity but second-generation ones are even more so, as they are territorially fragmented and must not compete with farming for the food industry.
The implementation of innovative technologies to produce 2G low-carbon biofuels is one of the core businesses of NextChem. NextChem has developed various biofuel technologies, to produce renewable diesel (HVO) and second-generation ethanol (2G). One estimate of the capacity needed to meet both the European and the US targets refers to hundreds of plants in Europe and the Americas, to produce billions of tonnes of low carbon fuels each year.
CHAPTER 4
HYDROGEN MOBILITY is the most popular trend, but its concrete development will require considerable time and economic resources.
CHAPTER 3
CUT In the transport ROAD TRAVEL sector, the scenario WHERE POSSIBLE will be very changeThe European Union has provided able. Over the comREDUCE guidelines to promote sustainabiliing years, we should CO ty in the mobility sector with its expect to see major 2 EMISSIONS RELATED TO THE Renewable Energy Directive changes in the PRODUCTION OF FUELS (RED), which has set a target of a range and type of 14% share of renewables for fuels raw materials and by 2030 (European average). The fuel production technologies, dissecond edition of the RED is movA low-carbon fuel is one that drastribution infrastructure and in the ing towards a revision (RED3), and tically reduces CO2 emissions. Sectypes of vehicles, lifestyles and ond-generation fuels are produced will certainly reinforce the guidebehaviours. from waste biomass, and have a siglines on reducing emissions in nificantly lower carbon intensity than all others, as they do not compete with food production. This is VARIOUS FACTORS WILL INFLUENCE CHANGES the important switch that is taking IN SUSTAINABLE MOBILITY OVER THE NEXT FEW YEARS place in the biofuels market: the lower the carbon intensity, the more these products have a value on the ELECTRIFICATION is not the only possible option, partly becaumarket, because they make a greatse renewable sources are, by their nature, limited. For certain er contribution to decarbonization. transport sectors, different solutions will need to be found.
CHAPTER 2
Thanks also to Red II legislation in Europe and new regulations in the United States, a new concept of biofuels is taking shape, with the accent on reducing CO2 emissions and the avoidance of conflict with food production. In practice, this new line is evolving the bio concept into a concept of “low carbon intensity”.
CHAPTER 1
Transport-related emissions represent a significant share of the overall volume of CO2 emissions. Reducing transport emissions can be achieved by promoting more sustainable forms of mobility. The first, most pressing action is to cut road travel, where possible. The second is to reduce CO2 emissions related to the production of fuels.
INTRODUCTION
2.6 OUR COMMITMENT TO SUSTAINABLE MOBILITY AND BIOFUEL AVAILABILITY
