Biofuels benefit billionaires

By Jo Nova

Follow the money. As usual the Green trail ends at a Greenback (so-to-speak). In this case it’s the euro-colored kind. The EU is focusing on “first generation” biofuels — corn, soy, sugar and palm oil — which pushes up prices of food, and cuts down forests.  (In a recent study, sugar cane ethanol was shown to produce 10 times the pollution of gasoline and diesel.)  In contrast “second generation” biofuels are waste products. If the EU were interested in the environment, they would favour the second type. Instead, the policy hurts the poor and enriches the rich and does little to help the environment.

In 2010, Indur Goklany calculated the additional mortality burden of biofuels policies and found that nearly 200,000 people died in that year alone because of efforts to use biofuels to reduce CO2 emissions.

Where are the Greens protests?

Jo

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