Tag Archives | subsidies

Kraft food leads biofuel fightback

The CEO of Kraft Foods is leading a fightback against ethanol subsidies in the US, according to Huffington Post. 

Continue Reading

Biofuels subsidies at root of carbon dioxide problem

Subsidies for biofuels in the UK could be much better spent in environmental terms by helping the developing world cut back on the generation of carbon dioxide from deforestation and using unsustainable fuels such as peat, according to the Policy exchange in a report The Root of the Matter. The report calls for better valuation […]

Continue Reading

Ethanol subsidies could be safe for a while

Ethanol subsidies could be safe for a while.There’s a really nice explanation of why subsidies are hard to abolish in Price of Oil: Hidden Oil Subsidies from Tree Hugger.com and on Huffington Post. I couldn’t put it any more clearly than in the first paragraph.

Continue Reading

Calls for cutting the US ethanol subsidy to cut price of US milk

There is a call in the US to cut the ethanol subsidy to help reduce the price of milk. One one hand it looks like a lot of cattle in the US are fed on corn, not wholesome grass… On the other, the volume of corn that’s going into ethanol in the US is beginning […]

Continue Reading

Biofuels and rationality

There were several studies on biofuels issued last week, while I was away, and I’m grateful to Ron Steenblik of the Global Subsidies Institute for pointing out his group’s new study in of biofuel subsidies in the US, which was launched at on 23 October at a seminar hosted by the German Marshall Fund. Written […]

Continue Reading

European Union’s biofuels subsidies measured

The Size and scope of the European Union’s biofuels subsidies is outlined in a new report from the Global Subsidies Initiative, which recently looked at biofuel subsidies in OECD members. Taking some of the key findnings Transfers per tonne of CO2-equivalent removed are estimated to be between 575 and 800 euros for ethanol made from […]

Continue Reading

OECD biofuels subsidies

The OECD nations subidise biofuels to the tune of an estimated estimate $11 billion a year or more and rising fast, according to the Global Subsidies Initiative in its report Biofuels – At What Cost? Government support for ethanol and biodiesel in selected OECD countries . The report puts the US in the lead with […]

Continue Reading

Biofuel subisidies are sparking food price inflation, says OECD

Biofuel subisidies are sparking food price inflation, says OECD, in today’s Financial Times. The FT has a copy of a paper it says theOECD will be presenting later today. Key findings are that the US is spending $7bn helping to make ethanol, with each tonne of carbon dioxide avoided costing around $500. The cost of […]

Continue Reading

Suporting growth in Welsh biofuels

UK support for biofuels currently includes a fuel duty incentive guaranteed at 20p per litre for next three years alongside the Renewable Transport Fuels Obligation (RTFO). This means combined support for use of biofuels is guaranteed at 35p per litre in 2008-09 That information comes from an unnamed UK treasury (finance ministry) source in a […]

Continue Reading