:. Food Industry News


British Report Calls for New Look at Biofuels

Source: Reuters
07/07/2008

Tokyo, Japan, 7 July - A British government report on food policy to be published on Monday says the link between demand for biofuels and rising world food prices needs to be more closely examined.

Daily News Alerts

The European Union's proposal to get 10 percent of road transport fuels from renewable sources, such as biofuels, by 2020 has faced growing criticism.

Biofuels are mainly produced from food crops such as wheat, maize, sugar cane and vegetable oils and are seen as a way to cut greenhouse gas emissions that contribute to climate change.

But critics say diverting land from food crops to produce biofuels has helped push up global food prices and in some cases has led to the destruction of rain forests.

Alongside the government's food report, Britain will also publish a document on Monday known as the Gallagher review which examines the environmental case for biofuels and the impact of 2020 targets on food prices, according to a government briefing.

Prime Minister Gordon Brown said in April that Britain would push for changes in EU targets if the review showed more biofuel production was boosting food prices and harming the environment.

European Union energy chiefs also backed away from the controversial 2020 targets when they met in Paris on Saturday, saying there were other renewable sources besides biofuels which could power road transport.

The rush to grow crops for energy rather than food has pushed global food prices up by 75 percent, according to a confidential World Bank report published in Britain's The Guardian newspaper last week.

BROWN'S G8 FOOD PUSH

"There is so much evidence about the negative impacts of biofuels that setting mandatory targets seems unconscionable," said Phil Bloomer from campaign group Oxfam.

"And yet that's what the UK has done, thereby sending a signal to the markets and the private sector that demand is here to stay, and keeping prices high. The EU must not follow suit."

At the moment, Britain requires suppliers of motor fuels to ensure 5 percent comes from renewable sources by 2010.

Brown has been calling for global action to curb soaring food prices for several months and outlined his ideas in a letter in April to Japanese Prime Minister Yasuo Fukuda, who hosts this week's G8 summit.

As part of his plan, Brown wants the G8 to set new benchmarks for sustainable levels of biofuel production, according to the briefing.

He is also calling for a new expert food panel -- modelled on the panel of climate change scientists which shared the 2007 Nobel peace prize -- to track global food supplies and sound the alarm early when crises loom.

Britain's food report says boosting agriculture in the developing world to its potential would help meet mushrooming demand and decrease the risk of social instability. Stopping food waste during storage and transport would also help.

Brown wants rich nations to stop a fall in aid and investment in agriculture in the developing world, double spending on research, train scientists and experts in poor nations and invest in irrigation and transport.



GO   View more articles on this subject


More Alerts from 07/07/2008


Email This Article To A Colleague     Print A Copy Of This Page
 
 
 
 
FLEXNEWS - Business News for the Food Industry

About Us | Contact Us | Terms & Conditions | Privacy Policy
 
Daily News Alerts
Related Items
UK Maltsters, Millers Fear Biofuels Expansion
Glisten PLC - Final Results
Morrison to Top UK Grocery Growth League
Dutch Brewers Say Enthusiasm for Biofuels Waning
Greene King Says on Track Despite Tough Trading
Premier Foods CEO 'Comfortable' with Debt Level
Troubled Coffee Chain Beanscene on Brink of Being Sold
Sainsbury Shares Surge on Renewed Takeover Talk
Diageo Drops Plans to Buy Cobra Beer Stake
Germany to Surpass EU Sugar Quota - WVZ

More in Food Industry News
France: Dailycer to Boost Breakfast Cereals Production
Ghana Doubles Cocoa Fertiliser Cash - Cocobod Official
Sweden: Milko to Close Bollnas Dairy
Sunwin International Neutraceuticals Acquires 60% Interest...
Brazil: Orange Juice Producer Cutrale Buys Lara in...
Sugar Rises on Hurricane Threat, Funds Sell Cocoa
Manila's Jollibee to Borrow $100 Mln for China Expansion
Hat Trick Beverages (HKBV) Receives Proposal to Merge...
Lion Nathan Secures 5 Year Japanese Syndicated Loan
Thailand to Extend Rice Support Scheme, Price Held

Top Headlines
France: Dailycer to Boost Breakfast Cereals Production
Improved Flour Based Dough and Method of Preparing...
Multi-Region Chewing Gum Composition Including Isomalt...
Use of Hydrocolloid Coating Solutions in Food Products
Ghana Doubles Cocoa Fertiliser Cash - Cocobod Official
Sweden: Milko to Close Bollnas Dairy
Sunwin International Neutraceuticals Acquires 60% Interest...
Brazil: Orange Juice Producer Cutrale Buys Lara in...
Manila's Jollibee to Borrow $100 Mln for China Expansion
Thailand to Extend Rice Support Scheme, Price Held
Glisten PLC - Final Results
Lion Nathan Secures 5 Year Japanese Syndicated Loan
Purac and Sulzer Develop New Polymerization Technology...
Dow Receives FTC Request for Additional Information...
Coke's Huiyuan Bid Hurdle Political, Not Antitrust
Consumer Trends in the Flavor Industry - Study
World Bank Says Ivorian Aid Tied to Cleaning Up Cocoa
Maple Leaf Identifies Likely Source of Listeria
Associated British Foods - Pre Close Period Trading...
USA: Tracking and Taming a Tomato Virus
India Allows Immediate Exports of Premium Rice Grade
China: Huifeng Bio-Pharmaceutical Enters into Letter...
USA: Wright Unaffected by Hurricane Gustav
Morrison to Top UK Grocery Growth League
Ice Cream and Ice Cream Formulations Containing Maltitol...
Method of Fortifying Seeds with an Essential Fatty...
Fresh Dairy Products with Satietogenic Power and Methods...


 


FLEXNEWS 2008 - All rights reserved
ISSN 1950-6228