U.N. Advises Biofuel Investments be Halted
4 May 2008
19 views
2 Comments
Photo courtesy takomabibelot.
Olivier de Schutter, new U.N.’s new top advisor wants biofuel investments halted due to the rapid rise in food prices caused by their use in alternative forms of fuel. He said 100 million of the poorest people in the world are impacted by the skyrocketing food prices and called the biofuel program initiated by Europe and the United States irresponsible. He went on to say that the biofuel rush was a “scandal that only serves the interests of a tiny lobby”.
Source: icantseeyou.typepad.com
Tags: biofuel, epa, Food, food prices, fuel, Ice, U.N.Related Posts
(No Ratings Yet)
Loading ...
GM ’s sudden stewardship of the environment is simply a way to continue to make gas guzzlers thanks to E85 an extremely inefficient fuel. The CAFE standards call for all car companies to acheive an average MPG for all vehicles. I believe the most recent number is 27 MPG. Well if you make the biggest money off of 10 miles per gallon SUV’s you would hate to say good bye to them wouldn’t you?
The CAFE standards has a loophole, that being that an E85 vehicle operating on E85 miles per gallon are ONLY figured against the actual amount of gasoline in the blend (15%) if you divide 100% fuel by 15% gasoline you get the multipler to the mpg (666) therefore a gas guzzling 10 MPG SUV is given credit for 66.6 MPG. If you sell one SUV like this you can have 5 vehicles only acheiving 20 MPG and this gas guzzling SUV and you average more than 27 MPG overall while not one of their vehicles really met the standard.
GM is not the only one taking advantage of this free ride Ford and Chrysler are too. The big three are heading down the toilet and this is just their hands clinging to the rim.
[...] it’s too late? Also, the U.N. stepped up and actually did something useful on Sunday, declaring that biofuel investments have to stop. Ok, well maybe half-useful. While the U.N. did call for investments in biofuels to stop, it [...]
Leave your response!
Professor Bob Carter: CO2 and Global Warming 3/4
Part IPart II
Top 10 Referrers, Reset Every 30 Days
Meta
Translate
Popular Posts
Archives
Categories