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Biofuels Won’t Solve World Energy Problem: Shell

By NunoXEI • Apr 22nd, 2008 • Category: Blog

Biofuels will not solve the world’s energy problem, the chief executive of Royal Dutch Shell said on Sunday, amid growing criticism of their environmental and social benefits.

The remarks follow protests in Brazil and Europe against fuels derived from food crops. Food shortages and rising costs have set off rioting and protests in countries including Haiti, Cameroon, Niger and Indonesia.

Biofuels are set to play a growing role. The European Union agreed last year to get 10 percent of all transport fuel from biofuels by 2020 to help fight climate change.

But concern over meeting the biofuels targets has fuelled fears that sky-high food prices may rise even further if fertile arable land in Europe is turned over to growing “energy crops.”

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NunoXEI is Co-Founder of TheGreenRocket.com and self proclaimed internet-surfing-guru. You can find his personal blog at NunoXEI.com, the home of his podcast, The Lowdown, his comic-related properties and his webcomic, Republic Domain.
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