11 September 2013

Biofuels Face Uncertainty in Europe

Move Aims to Ease Fears of Rising Food Prices

The European Parliament voted Wednesday to limit the use of biofuels in the European Union, one of a series of potential changes to the bloc’s climate-change policies that investors say are creating uncertainty and bottling up energy investments.

Environmental activists dressed as corn cobs demonstrate near the European Parliament in Brussels earlier this month. The Parliament approved a proposal to limit the share of food-based biofuels in cars and trucks to 6% of total consumption by 2020.

… Full text: online.wsj.com/article/SB10001424127887323595004579068742133643768.html#

Tags: food-based biofuels, trucks, nonfood crops, substitutes, global warming, Emissions Trading System, carbon-dioxide, greenhouse gases, second-generation biofuels, competitiveness, climate targets

Source: The Wall Street Journal, 2013-09-11.

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