EU responds to OECD over biofuels

The European Commission has come out fighting in its assertion that biofuels are a good thing, in response to an earlier comment from the OECD which said that subsidies for biofuels are distorting markets and fueling food price inflation.
The EU’s response was reported by Philippa Jones in ICIS News.
(Disclosure: I work for ICIS: About ICIS)

Phillipa says in her report:

In a robust defence of biofuels, EC agriculture spokesman Michael Mann said: “It is absolutely the case that fuel from agricultural raw materials produces less carbon dioxide (CO2) than fossil fuels.”

The EC agreed earlier this year that 10% of the EU’s transport fuel will be provided by biofuels by 2020 and will publish a report later this year outlining how it plans to reach this target.

I don’t think that the EC could have said much else given the strong position that the farming lobby holds in terms of budgets and lobbying power. It would be interesting to see if the EC could ever say that anything farmers do within the European Union was ever bad.

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