Unilever is against mandatory biofuel targets, according to the Guardian newspaper this morning. The huge soap-to-food empire is opposed on the basis that switching crops from food to biofuels is pushing up the prices in the developing world. Unilever has chosen to present its views to a meeting of Commonwealth finance ministers in St Lucia. […]
Tag Archives | targets
Indonesia plans to blend 10% biofuels in its fuel by 2010, according to Cassava vs Yams. Which makes me wonder where that leaves the econonmics of western biofuel producers predicated on palm oil imports. Palm oil is up 12% since the start of the year, according to the blog.
Biofuels will play a role in reducing green house gases, European Union leaders are expected to agree to day in a meeting in Brussels, according to ICIS news. (Disclosure: I work for ICIS: About ICIS) The ministers are likely to conclude that member states should ensure that at least 10% of their transport fuel […]