Yesterday UN Secretary General Ban ki-Moon called for an urgent reassessment of the use of bio-fuels in the face of soaring prices for grain crops that threatens the globe's poor with hunger and endangers aid programmes.
"We need to be concerned about the possibility of taking land or replacing arable land because of these biofuels...While I am very much conscious and aware of these problems, at the same time you need to constantly look at having creative sources of energy, including biofuels. Therefore, at this time, just criticising biofuel may not be a good solution. I would urge we need to address these issues in a comprehensive manner."
Europe is already considering revising its targets. Will the US follow suit? Don't hold your breath.
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