Biofuel trade disadvantages poor nations-report

A combination of rich nation import controls and excessive pricing power among too few western importers is disadvantaging biofuels producers in developing countries, a London-based research institute said.

Developing countries are the biggest producers of biofuels that are currently competitive with oil, because they have lower costs and their biofuels have a higher energy content than those produced in temperate zones.

But under present trade rules rich nations — the biggest biofuels consumers — are disadvantaging developing country producers, the report by the International Institute for Environment and Development (IIED) said.
Reuters
The full report can be found here