Oct 14, 2006

Biofuels subsidies in the US have reached 'startlingly high levels'

Read the full post at Biopact.

A new report commissioned by the International Institute for Sustainable Development’s Global Subsidies Initiative (GSI) provides the most comprehensive tally to date of subsidies to liquid biofuels in the United States. The first in a series of studies covering Australia, Brazil, Canada, the European Union and Switzerland, the report reveals that subsidies to biofuels in the US have reached startlingly high levels, and are characterized by a troubling lack of policy coherence.By Laura B.