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June 26, 2008 | Jim Lane | Comments 0

Oxfam releases report: “biofuel policies are deepening poverty and accelerating climate change”

Oxfam released a report titled “Another Inconvenient Truth: How biofuel policies are deepening poverty and accelerating climate change,” saying the biofuels policies in rich nations have pushed more than 30 million people globally into poverty. The report projects that the EI 10 percent biofuel target could increase carbon emissions “70-fold by 2020,” according to a BBC report. “Rich countries… are making climate change worse, not better, they are stealing crops and land away from food production, and they are destroying millions of livelihoods in the process.” Oxfam adviser Rob Bailey said.  The full report is available here.

Oxfam recently theorized that the UK’s Renewable Fuel Transport Obligation “will cost taxpayers 500 million pounds ($1 billion) a year, and may lead to 60 million people being forced from their land to make way for biofuel plantations.”

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