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EU rethinks biofuels guidelines
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by Zlender | January 14, 2008 at 03:22 am
762 views | 10 Recommendations | 2 comments
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It is amazing to see how fragile our economy is. Trying to solve one problem produces another one.
Europe's environment chief has admitted that the EU did not foresee the problems raised by its policy to get 10% of Europe's road fuels from plants.Recent reports have warned of rising food prices and rainforest destruction from increased biofuel production.
The EU has promised new guidelines to ensure that its target is not damaging.
EU Environment Commissioner Stavros Dimas said it would be better to miss the target than achieve it by harming the poor or damaging the environment.
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at 05:42 on January 14th, 2008
I think this sounds like a case of borrowing from peter to pay paul.
at 07:38 on January 14th, 2008
This is the same thing that's happened in the US. But it will be interesting to see if the EU changes its biofuels guidelines (while the US most likely won't) in light of the fact that there is no powerful corn lobby there.