Biofuels story overplayed, says NU's SRI team

Norwich Union's sustainable futures team believes the case for biofuels is currently overstated, say...

Norwich Union’s sustainable futures team believes the case for biofuels is currently overstated, saying their role as a solution to climate change and energy security is exaggerated. It said while the EU’s targets to increase biofuels in transport and both the US and Gordon Brown is offering political support to the theme, there are some reservations that should be considered. NU suggested some biofuels could make matters worse by adding to the man-made emissions of CO2 they are intended to curb and it presents environmental concerns about the way the feed stocks used for some biofuels ...