OECD Report: Government Biofuel Policies Costly and Ineffective

Posted Thursday July 17, 2008, 2:06 am, Over one day old

Government support of biofuel production in OECD countries is costly, has a limited impact on reducing greenhouse gases and improving energy security, and has an impact on world crop prices, according to a new study by the OECD?s Directorate of Trade and Agriculture.

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