Parliament Magazine - Hans-Olaf Henkel, Parliament's ECR group shadow rapporteur on the promotion of the use of energy from renewable sources, believes that, "we need an EU-wide renewable energy target of at least 35 per cent by 2030. If we do nothing but maintain the status quo, we will most likely reach the 27 per cent by 2030 anyway. Investors need certainty and clear policy signals coming from the EU. Chinese investments and demand drive prices down. Regarding the transport sector - which is responsible for a large portion of the EU's greenhouse gas emissions - Henkel argues, "Biofuels are indispensable for the transitional phase to the decarbonisation of the transport sector. Many member states have put ambitious targets in place. In this transition phase, in which we need biofuels, we should make sure that we get the sustainability criteria right and stop deforestation in third countries."