Lobby group BusinessEurope has called for a review of the European Commission’s biofuels policy.
“We consider that the current high food prices give additional weight to our call for the EU to reconsider the 10 per cent target for biofuels in transport,” BusinessEurope President Ernest-Antoine Seilliere said in a letter to Slovenian prime minister Janez Jansa, whose country holds the rotating EU presidency.
EU leaders are due to meet todayfor a two-day summit. They will discuss the challenges posed by slowing economies as well as high food and oil prices.
The commission has set a target that biofuels will account for ten per cent of all vehicle fuel by 2020. The first generation of biofuels has been criticised for using up crop land needed to grow food for humans and animals, and for deforestation.
The commission has defended its policy, however, reiterating that it will not change the target.
BusinessEurope also said the commission’s ‘ambitious but so far unilateral climate change strategy’ risks increasing competitive disadvantagesin Europe.