EU near agreement on biofuel standards
June 30, 2008 Posted by: Lee
Reuters has reported that The European Union is very close to agreeing standards for biofuels. The effect of biofuels on human rights and endangered species is high on the agenda, as is the decisive issue of the actual reduction in CO2 that may be achieved.
The use of biofuel is growing rapidly as developed countries look to remove complete dependence on imported oil and also reduce CO2 emissions. There are fears that the biofuel industry may lead to deforestation and an increase in food prices. The European Union aims to have 10% of its transport fuel from renewable sources by 2020.
Oxfam believes that the knock-on effects of biofuel production could push thirty million people worldwide into poverty. A report on the side-effects of biofuel is expected in the United Kingdom this week. Aid agencies also feel that the EU targets will encourage exploitation of workers in the exporting countries.
Brazil is a large producer of biofuels and they are closely following the EUs progress as this could lead to demand for their product. Even biofuel that does not meet EU standards will still be available in the EU but will not count towards the member states renewable fuel targets.
Environmentalists have also argued that the existing production of biofuel has already led to deforestation, both directly and indirectly by using up agricultural land, forcing farmers to slash into virgin rainforest to make room for food crops. The problem that remains is how to monitor that situation outside the EU, with satellite photography one possible solution.
Filed under: Biofuels | Tags: Biofuels, eu | Comments (0)

It has been announced in the USA that the biofuel company Mascoma Corporationhas formed a strategic relationship with the global car manufacturers General Motors to develop cellulosic ethanol. Cellulosic ethanol is a fuel made from wood, paper pulp or agricultural waste.
