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Internal EU report casts doubts on its biofuel strategy
Posted on Friday, January 18, 2008 @ 15:11:54 UTC by vlad

Testimonials The hood of a car running with Bio-Ethanol is seen at the Geneva Motor Show, 2007. The European Commission has criticised EU proposals to boost the use of biofuels in transport, concluding that their costs outweigh the benefits.

The unpublished working paper by the Joint Research Centre, the European Commission's in-house scientific body, makes uncomfortable reading for the EU's executive body ahead of a meeting Wednesday where it is to detail a plan for biofuels to make up 10 percent of all transport fuels in the EU by 2020.


The cost-benefit study looks at whether using biofuels reduces greenhouse gas emissions, improves security of supply and creates jobs and delivers an unenthusiastic opinion on all three counts.

"What the cost-benefit analysis shows is that there are better ways to achieve greenhouse gas savings and security of supply enhancements than to produce biofuels," says the report.

"The costs of EU biofuels outweigh the benefits," the researchers state.
...
More: http://www.physorg.com/news119878220.html

 
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"Internal EU report casts doubts on its biofuel strategy" | Login/Create an Account | 2 comments | Search Discussion
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Biofuels Could Add to Climate Concerns (Score: 1)
by vlad on Saturday, February 16, 2008 @ 12:58:16 UTC
(User Info | Send a Message) http://www.zpenergy.com

By J.R. Pegg

WASHINGTON, DC, February 8, 2008 (ENS) – Clearing vast tracts of land for biofuels production would hinder, rather than help, the effort to slow global warming, according to two new studies released Thursday. Both studies warn that converting native ecosystems into biofuel cropland would result in major emissions of carbon dioxide, negating the environmental benefits of using biofuels rather than conventional fossil fuels.

More: http://www.ens-newswire.com/ens/feb2008/2008-02-08-10.asp [www.ens-newswire.com]




Why the price of 'peak oil' is famine (Score: 1)
by vlad on Friday, February 08, 2008 @ 21:24:48 UTC
(User Info | Send a Message) http://www.zpenergy.com
By Ambrose Evans-Pritchard International Business Editor
Last Updated: 11:31am GMT 08/02/2008

Vulnerable regions of the world face the risk of famine over the next three years as rising energy costs spill over into a food crunch, according to US investment bank Goldman Sachs.

"We've never been at a point in commodities where we are today," said Jeff Currie, the bank's commodity chief and closely watched oil guru...

Full article: http://www.telegraph.co.uk/ [www.telegraph.co.uk]





 

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