Here's another appalling aspect of the immoral biofuel business. I
call it "immoral" because it is a sin to starve people in order to
feed cars and trucks.
http://www.guardian.co.uk/environment/2008/apr/01/biofuels.energy
Demands for crackdown on biofuels scam - US 'splash and dash' loophole
undermines climate change fight
Terry Macalister - The Guardian, Tuesday
The EU is being urged to take action to stop a biofuel trading scam
that exploits US agricultural subsidies and undermines the fight
against global warming.
Up to 10%% of biofuel exports from the US to Europe are believed to be
part of the rogue scheme reaping big profits for agricultural trading
firms.
The "splash and dash" scam involves shipping biodiesel from Europe to
the US where a dash of fuel is added, allowing traders to claim 11p a
litre of US subsidy for the entire cargo. It is then shipped back and
sold below domestic prices, undercutting Europe's biofuel industry.