05 Apr '17, 9am

EU Says No to Palm Oil for Biofuel: Corn and Soy Could Be Next

EU Says No to Palm Oil for Biofuel: Corn and Soy Could Be Next

A 44-pound cluster of palm oil fruit. On Tuesday, members of the European Parliament voted by a huge margin to approve a resolution calling for the EU to phase out the use of vegetable oils, including palm oil, in biofuel by 2020. While 97 percent of the Parliament voted for the measure, the plan will not take affect until it is approved by the European Commission. Nevertheless, the vote sends a signal that what was once a European biofuels boom has started to fade as more policymakers are aware of the social and ecological costs. Although environmentalists agree that plant-based fuels burn cleaner at the pipe, the concerns over biofuels’ ties to environmental destruction, human rights violations and impact on food prices have dampened the enthusiasm over what was once seen as a viable alternative to fossil fuels. A decade ago, the EU viewed biofuels as key to the region’s...

Full article: http://www.triplepundit.com/2017/04/e-u-says-no-palm-oil-...

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