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Support nonprofit, independent environmental journalism.
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 Stories About: agriculture AND biofuels AND business AND energy AND international politics
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Author |
Published |
Section |
U-boat sightings European biodiesel industry being bankrupted by loophole |
biodiversivist |
02 Apr 2008 |
Gristmill |
| They call them U-boats because they pull into a port just long enough to do a U-turn and head off to Europe. They stop just long enough to blend a touch of fuel into the tank so they can claim the government subsidy. Let's say you have a million gallons on board from, say, a palm oil plantation in Indonesia, or a soybean operation in South America. An hour or two after your arrival, your pockets are bulging with just short of a million U.S. taxpayer dollars. From the ... |
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| Topics: agriculture, biofuels, business, economy, energy, fossil fuels, international politics, shenanigans (all these topics) |
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Biodiesel in the dumps To survive, producers wanly import feedstock and export fuel |
Tom Philpott |
21 Mar 2008 |
Gristmill |
| At this point, serious greens still promoting biofuels are in a tight corner. Global grain stocks are at all-time lows and prices at all-time highs. That means heavy incentives to clear new land to plant crops -- in precious rainforest regions in South America and Southeast Asia that sustain indigenous peoples and store titanic amounts of carbon. These lands are also concentrated centers of biodiversity. Sacrificing them for car fuel is a heinous crime. Anyone who ... |
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| Topics: agriculture, biofuels, business, energy, international politics (all these topics) |
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