Last update: 23.12.2008
EU May Tighten Rules on Biofuels
Source : businessweek.com
As opposition to biofuels among international institutions, economists and NGOs grows, the European Union is under great pressure to develop a set of sustainability rules governing the controversial alternative fuel source, but EU member states disagree on what constitutes "sustainable". In recent months, biofuels have moved from climate saviour to climate villain, as concerns have arisen that biofuels contribute to food price rises and in some cases release scarcely fewer greenhouse gas emissions than fossil fuels. EU leaders last spring agreed that the EU should increase the use of biofuels in transport fuel to 10% by 2020, up from a planned 5.75% target to be achieved by 2010.
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11 May 2008 |
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