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Bioethanol from Brazil, produced from sugar cane, does not compete with food staples (Photo: Wikipedia)

EU signals retreat on biofuels target

European energy ministers have backed away from the EU's biofuels for transport target, admitting a gross confusion on their part in which they said they had been misreading policy documents since the target was initially proposed a year and a half ago.

The ministers, meeting in Paris for informal discussions, said that upon closer inspection, EU proposals that aim for a target of 10 percent of fuels for cars and lorries coming from biofuels by 2020 in fact only demand that 10 percent o...

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Bioethanol from Brazil, produced from sugar cane, does not compete with food staples (Photo: Wikipedia)

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