UK bioethanol industry faces collapse after government rejects rescue
Summary
The UK bioethanol industry is at risk of collapsing after the government decided not to provide financial support. Two major producers, Vivergo Fuels and Ensus, say they cannot continue without help, especially after a trade deal allowed US ethanol to enter the UK market without tariffs.Key Facts
- The UK bioethanol industry consists of major producers Vivergo Fuels and Ensus.
- The government chose not to offer financial support to the industry.
- A US-UK trade agreement removed a 19% tariff on US ethanol imports.
- The two UK plants employ 270 people directly.
- The trade agreement affects the business viability of bioethanol production in the UK.
- Bioethanol is used in fuels like E10 petrol and produced from crops like wheat and corn.
- The industry helps supply a significant amount of carbon dioxide for commercial use in the UK.
- The UK aims to have 10% of fuel used in planes come from sustainable sources, including bioethanol, by 2030.
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