New Alternative Biofuels to Benefit from EU’s Reduced Quotas

The EU’s decision to lower expections for biofuel use could be of some concern to leading producers such as Brazil. But the new technologies the EU is considering may actually be more profitable than current biofuels.

It is a topic which perfectly emphasizes the delicate balance between fighting climate change, protecting global economies and feeding the world.

The biofuels debate in the European Union has long been seen as a battle of wits between the politicians intent on finding a viable alternative to fossil fuels, and environmentalists and rights groups which claim the creation of biofuels reaps havoc on the environment and cuts into food production, as well as the countries and companies which have much riding on the potential of this new industry.

In an effort to keep up the fight against climate change, while appeasing green campaigners who accuse the EU of lip service only, a panel of European lawmakers voted last week to lower the bloc’s target for using traditional biofuels from crops in petrol and diesel.

Deutsche Welle