Costly biofuel support offers few benefits-OECD


	Costly biofuel support offers few benefits-OECD

JICWyllie

7-17-2008 8:06 AM

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tags:

energy, biofuels, i-costs, i-increase, i-consequences

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/14ffd0d1-0490-4f0f-a0ec-845d692cfe03/16AAC369-0775-4AEE-B343-24169BB0D414/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.guardian.co.uk/business/feedarticle/7655241" href="http://www.guardian.co.uk/business/feedarticle/7655241" style="font-size: 11px;">www.guardian.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/feedarticle/7655241">Public support for biofuels is
costly and has little impact in cutting greenhouse gas emissions
so governments would do better promoting lower energy
consumption to fight climate change, the OECD said on Wednesday.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/feedarticle/7655241"> Governments should also boost the so-called second
generation biofuels that do not use food crops, </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/feedarticle/7655241"><DIV> The study comes as the latest blow to biofuels, made from
grains, oilseeds and sugar, which were once hailed for providing
a clean alternative to fossil fuels but are now blamed for a
surge in food prices.</DIV>
<DIV> Many European Union countries including Britain, Italy or
France recently for a review of the EU's ambitious and sometimes
confusing blending targets -- notably that 10 percent road
transport fuel be derived from renewable sources by 2020.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.guardian.co.uk/business/feedarticle/7655241"><DIV> Rather than promoting biofuels, governments should spend
their money on projects that consume less energy, it said.</DIV>
<DIV> "The primary focus for fossil energy saving needs to be
redirected from alternative fuels towards lower energy
consumption,"</DIV></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/16AAC369-0775-4AEE-B343-24169BB0D414/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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