Thumbs down for Bio-fuels
Are we, at last, seeing some sense filtering through with regards bio-fuels? It would seem so. The EU has revised targets for renewable energy now that it is clear that this particular agri-business is causing worldwide food prices to rise beyond the means of many peoples.
Quoted in IPS: “A World Bank paper says production of agrofuels is responsible for 75 percent of the increase in the price of food. The confidential report leaked to the media says higher energy and fertiliser prices accounted for only 15 percent of the increase.”
French minister for the environment and energy, Jean-Louis Borloo, says “over the years, agrofuels were the one and only (ecological) truth; now, we are about to change our minds at the highest speed. What we considered the solution a couple of months ago is now in disgrace.”
That’s good, then.