Doubts on EU’s biofuel strategy

Published January 19, 2008

BRUSSELS, Jan 18: An internal European Commission study, criticises an EU plan to boost the use of biofuels in transport, concluding that their costs outweigh the benefits.

A Commission spokesman downplayed the study and insisted that the use of biofuels remained at the centre of its strategy to cut greenhouse gas emissions in Europe.

The unpublished working paper by the Joint Research Centre, the European Commission’s in-house scientific body, makes uncomfortable reading for the EU’s executive body ahead of a meeting on Wednesday where it is to detail a plan for biofuels to make up 10 per cent of all transport fuels in the EU by 2020.

The cost-benefit study looks at whether using biofuels reduces greenhouse gas emissions, improves security of supply and creates jobs and delivers an unenthusiastic opinion on all three counts.

“What the cost-benefit analysis shows is that there are better ways to achieve greenhouse gas savings and security of supply enhancements than to produce biofuels,” says the report. “The costs of EU biofuels outweigh the benefits,” the researchers state.

EU taxpayers would have to fork out an extra 33-65 billion euros ($48-95bn) between now and 2020 if the European Commission proposals go ahead, according to the study.

European Commission spokesman on energy Ferran Tarradellas Espuny stressed that the study was just a working paper and one of several opinions being taken into consideration as talks continued ahead of Wednesday’s decision.—AFP

Opinion

Editorial

United stance
Updated 13 Nov, 2024

United stance

It would've been better if the OIC-Arab League summit had announced practical measures to punish Israel.
Unscheduled visit
13 Nov, 2024

Unscheduled visit

Unusual IMF visit shows the lender will closely watch implementation of programme goals to prevent it from derailing.
Bara’s businesswomen
13 Nov, 2024

Bara’s businesswomen

Bara’s brave women have proven that with the right support, societal barriers can be overcome.
System failure
Updated 12 Nov, 2024

System failure

Relevant institutions often treat right to internet connectivity with the same disdain as they do civil and political rights.
Narrowing the gap
12 Nov, 2024

Narrowing the gap

PERHAPS a pat on the back is in order for the ECP. Together with Nadra, it has made visible efforts to reduce...
Back on their feet
12 Nov, 2024

Back on their feet

A STIRRING comeback in the series has ended Pakistan’s 22-year wait for victory against world champions Australia....