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06.07.2008 - EU considers change in biofuel policy

European Union energy ministers appear to be backing away from the bloc's controversial biofuel target.

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Due to exploding food prices, the ministers, at a weekend meeting in Paris, said the EU's ambitious plan to have all fuel powering vehicles contain 10 percent biofuel by Merger forms transatlantic union ...
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the year 2020 was not set in stone. Instead, the ministers said greater efforts should be undertaken to develop hydrogen and electric-powered cars. By distancing themselves from biofuels, ministers hope to diffuse growing criticism that the EU's target is contributing to deforestation and forcing up food prices. A World Bank report has blamed biofuels for a 75 percent rise in the price of staple foods.

(Deutsche Welle)


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