Biofuels do far more harm than good

Yesterday the EU imposed temporary tariffs on US biodiesel because subsidies over there distort trade - but that shouldn’t be the only reason to stop the biofuels juggernaut.

Is there any trade crazier than the liquid biofuel business? Apart from a handful of cars and vans running on used chip fat, it exists only because of government rules and subsidies. So what social benefits do these buy?

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