Lowering Energy Consumption Better Than Biofuels for Reducing Greenhouse Gas Emissions, OECD Report Finds
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photo by Piper Falk
According to a new report from the Organization for Economic Cooperation and Development, “Economic Assessment of Biofuel Support Policies“, not only is public support of biofuels costly it has little impact on reducing greenhouse gas emissions: All the tax incentives, blending targets and other public support policies in the EU, US, and Canada total $25 billion per year, but will ultimately result in less than a 1% reduction in
