EU drafts warn of biofuels' link to hunger

09-03-10

The European Union's promotion of plant-based biofuels will raise EU farm incomes and agricultural commodity prices, but could create food shortages for the world's poorest consumers, draft EU reports show.

The EU has a legal target to get a tenth of its road transport fuels from renewable sources such as biofuels by 2020. For EU farmers hit by falling incomes, Europe's 5 billion euros-per-year ($6.84 billion) biofuels market is coveted as a source of new revenues.

Source: in.reuters.com/article/domesticNews/idINLDE6241EO20100305

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Category: Biomass, other than pellets, European Community