Trademagazin > News and articles > Market News > The expansion of biofuels is pushing up food prices
The expansion of biofuels is pushing up food prices
🎧 Hallgasd a cikket:
Europe and United States are encouraging the expansion of alternative fuels with laws in order to reduce dependence on oil. However, the plant-based fuel production can cause a drastic rise in food prices.
According to the U.S. Renewable Fuel Standard, bio-fuels have to appear increasingly in fuels to reduce the dependence from fossil fuels and to reduce carbon dioxide emissions. In Europe, this approach can also be observed. Until 2020 fuel products have to contain a 10 percent biofuel share. (energiaoldal.hu)
Related news
More related news >
Related news
According to domestic manufacturing, distribution and trading companies, a possible increase in EPR fees next year could have an inflationary effect.
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Hungary is on the verge of banning artificial meat
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Official inspections and significant price reductions for products affected by margin reduction – announced the State Secretary of the Ministry of Finance
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

