Europe’s Biofuel Policy To Limit Use At 5 Percent Of Transportation Fuel

By Huffpost Green:

*Policy will cut crop-based target, encourage new biofuel sources

* Draft proposals need member state approval

* U.S. biofuel policy also criticised (Adds Oxfam reaction)

By Barbara Lewis and Michele Kambas

BRUSSELS/NICOSIA, Sept 17 (Reuters) – The European Commission announced a major shift in biofuel policy on Monday, saying it plans to limit crop-based biofuels to 5 percent of transport fuel, after campaigners said existing rules take food out of people’s mouths.

Record high global grain prices have intensified calls for changes in EU and U.S. biofuel policies, criticised for snatching away land that should be used for food.

EU Climate Commissioner Connie Hedegaard and Energy Commissioner Guenther Oettinger confirmed in a joint statement on Monday they wanted to cap the use of crop-based fuel… Read more

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