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Keeping EU biofuels policy alive costs society €10bn a year, study shows
Cash-strapped EU Member States spent €10bn in 2011, a sum as big as the Cyprus bailout, in support of the biofuels industry, a new study by the International Institute for Sustainable Development (IISD) reveals. This public support was necessary to sustain the 4.5% market share biofuels had in 2011 – slightly below the 5% freeze proposed by the European Commission half a year ago. Not ...
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