Thursday, April 17, 2008

I Hear A Trainwreck Comin' . . .

While Dubya's joined McCain in capitulating to the Religion of Environmentalism, a major chink has appeared in the armor of al-Gore's 'global warming' scam.


Pressure Grows on EU to Abandon Biofuels

With food prices skyrocketing and faith in biofuels plummeting, many are demanding that the European Union back away from its commitment to eco-fuel. Even the EU's own scientists are skeptical.
Uh-oh. There goes al-Gore's holy consensus.
The timing can, at best, be described as awkward. On Tuesday, the United Kingdom's new biofuel regulations went into effect, requiring that 2.5 percent of fuel sold at pumps in the UK be made up of fuel made from grains and grass. By 2010, the mixture will be boosted to 5 percent -- all in an effort to drastically reduce the amount of carbon dioxide that gets pumped into the atmosphere.

But the regulation comes during a week of mounting critique against biofuels. With unrest around the world growing (more...) due to rising food prices, many are beginning to point their fingers at ethanol and biodiesel as important culprits. Even as the new UK regulations enact ambitious European Union goals aimed at reducing greenhouse gas emissions, the EU itself is facing increasing pressure to abandon its goal of seeing all fuel sold at pumps in Europe contain 10 percent biofuels by 2020.

First generation biofuels "don't hold as much potential environmental benefits as people thought when they embarked on these policies," Stefan Tangermann, Director of the Trade and Agricultural Directorate for the Organization for Economic Cooperation and Development (OECD), told SPIEGEL ONLINE. "We must come to the conclusion that maybe it is time to revisit our commitment to biofuels."

[....]
Ouch.

Read it all at Spiegel International.




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