Wednesday, April 23, 2008

Biofuels rethink looms

FT.com / In depth - Oil hits fresh high as biofuels rethink looms
...Gordon Brown, the UK prime minister, said on Tuesday the country could push for a change in a European Union target to increase the proportion of biofuel to 10 per cent of road fuels by 2020.

Malcolm Wicks, the UK energy minister, went further, telling the Financial Times that the targets should be reviewed because of mounting concern that they are contributing to food shortages.

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