With the world’s poorest at greater risk of hunger as a result of spiraling food prices, the international agency is calling on the EU to rethink its dangerous love affair with biofuels.
In a new GROW campaign report, The Hunger Grains, Oxfam warns that Europe’s growing appetite for biofuels is pushing up global food prices and driving people off their land, resulting in deeper hunger and malnutrition in poor countries.
In Europe, EU biofuel mandates could cost every adult about €30 each year by 2020. In 2008, about €3 billion were spent in tax exemptions and other incentives for biofuel production in the EU, comparable to the value of cuts agreed under the controversial Greek bail-out deal in February.
For the complete article, please see Oxfam.
