EU set to drive up biofuel production

Although on the increase, biofuel production in the EU is “not moving quickly enough,” Brussels will warn national capitals next week.

EU agriculture chief, Mariann Fischer Boel will tell member states that an EU target of 5.75 per cent biofuel content in fuels by 2010 will not be met unless tough new action is taken.

..“We cannot rely forever on ‘black gold’ to meet our energy needs. The gold of the future might just be green,” said Fischer Boel.