Monday, February 25, 2008

British members of Parliament are calling for moratorium on biofuels targets.

Always, ALWAYS watch the politicians when your money is invested in a rent-seeking business.

From EarthTimes:

Many members of Parliament are saying the U.K. and European governments should not have pursued targets to increase the use of biofuels without putting in place measures to prevent environmental damage, the Guardian reported.

The House of Commons Environmental Audit Committee said while it recognized that some biofuels are sustainable and could be used to reduce emissions from transport, the absence of sustainability standards could lead to environmental damage....