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27.09.2012 |

Report Confirms Biofuels Causing Misery for Millions

Oxfam Report: Biofuels Causing Misery for Millions (Photo: Oxfam)
Biofuels Causing Misery for Millions (Photo: Oxfam)

A new report, released by Oxfam, reveals that land used to power European cars with biofuels for just one year could produce enough wheat and maize to feed at least 127 million people. In addition, the EU biofuel target also effects European consumers through higher fuel prices at the pumps. Oxfam's ‘The Hunger Grains’ report confirms that biofuels are definitely not the solution to climate change they promised to be. It has been calculated that meeting EU biofuel targets could be as bad for the environment as putting 26 million extra cars on Europe's roads as biofuels displace other crops onto forests, peatlands and grasslands - all of which keep greenhouse gases out of the atmosphere. Biofuel targets introduced in 2009 to help fight climate change have become progressively more controversial. In Europe, the targets will be met almost exclusively from food crops at a time of record prices. Barbara Stocking, Oxfam's Chief Executive, said: "The EU must recognise the devastating impact its biofuel policies are having on the poorest people through surging food prices, worsening hunger and contributing to climate change". Key industry figures, including the CEOs of Unilever and Nestlé and billionaire hedge-fund manager Jeremy Grantham, have added their voices to NGO concern that diverting food crops to fuel for American and European cars might start a food crisis, following on from the worst US drought in half a century. Last week, French president François Hollande also called for a “pause” in the development of biofuels competing with food.

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