EU having a rethink on 10% biofuel target
Posted by: delusional in Economy, News, PoliticsAccording to the BBC, the EU is rethinking their target of reaching 10% biofuels use.
Amazingly, they’ve actually worked out that if you use crops for fuel….wait for it….it pushes the price of food up meaning that the poor find it very hard to feed themselves. This has already been seen to happen in the Americas and now the EU Government can see it beginning to happen here.
Stavros Dima, the EU Environment Commissioner said that it would be better to miss the EU biofuel goals rather than hit them and harm the poor.
I’ve been harping on about this for a while but at least it’s refreshing to see that the EU Government can take a hint when something isn’t going to work as opposed to the “Always right even when they’re wrong” style of government practiced elsewhere in the world.
What we really need to reduce CO2 emissions [aka secure energy supplies] is to develop new nuclear power as soon as possible.
Tags: biofuel, biofuel targets, co2, energy security, eu, nuclear, stavros dima
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[...] In a sudden outbreak of common sense, they have acknowledged that diverting crops from food production to biofuel production may in fact drive up the price of food. They are debate whether to abandon the EUs target of 10% biofuel usage by 2020, a target which I believe the EU government themselves are thinking of scrapping. [...]