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Biofuels

Volume 458: debated on Tuesday 13 March 2007

To ask the Secretary of State for Transport what assessment he has made of the importance of long-term security in attracting investment to develop biofuel production capacity. (127182)

We fully recognise the importance of long-term security in attracting investment to develop biofuel production capacity in the UK. We believe that the Renewable Transport Fuel Obligation will provide a high degree of investor confidence in biofuels, and there are already signs that it is leading to increased investment in new biofuel production capacity, with a number of new plants due to come on stream very shortly.