Earth Equity News

Biofuels Industry Seeks to Repair Image. By Catherine Hornby, Reuters, June 6, 2008. "Industry players say biofuels' effect on rocketing food prices has been blown out of proportion and that the original arguments for encouraging production, such as security of energy supply and reducing fossil fuel dependency, remain intact... 'If we set the bar high, then there are huge volumes of biofuels that can be brought to market that are sustainable. We don't need to chop down rainforests,' Ian Waller [director of biofuels business advisors FiveBarGate Consultants] told an industry conference in Rotterdam, a major European gateway for biofuels... As protestors demonstrated outside the conference against plans to build biofuels plants in Europe's biggest port of Rotterdam, experts said recent opposition was having a damaging effect on the industry."