Monday, March 1, 2010

Green fuels cause more harm than fossil fuels, according to report

Using fossil fuel in vehicles is better for the environment than so-called green fuels made from crops, according to a government study seen by The Times.

The findings show that the Department for Transport’s target for raising the level of biofuel in all fuel sold in Britain will result in millions of acres of forest being logged or burnt down and converted to plantations. The study, likely to force a review of the target, concludes that some of the most commonly-used biofuel crops fail to meet the minimum sustainability standard set by the European Commission.

Yet again, another example of what happens when governments intervene in the market by way of subsidies - unintended consequences abound!

Posted via email from Garth's posterous

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