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Greenpeace: 'This initiative is in real danger of channelling taxes to areas with massive environmental warning signs hanging over them' (Photo: jurvetson)

EU commission to champion bio-fuels and chemicals

Future EU spending on agriculture, research and energy should promote the "bio-economy" instead of fossil-based chemicals and fuels, the European Commission says.

Agricultural waste used as fuel for energy plants, plastic made out of organic compounds instead of oil-based chemicals, bio-enzymes that let detergents clean laundry at lower temperatures than conventional substitutes - these are just a few examples of what the EU executive aims to sponsor under the label "bio-economy."

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Greenpeace: 'This initiative is in real danger of channelling taxes to areas with massive environmental warning signs hanging over them' (Photo: jurvetson)

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