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UN urges biofuel investment halt

 
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PostPosted: Fri May 02, 2008 5:56 pm    Post subject: UN urges biofuel investment halt Reply with quote

Page last updated at 20:14 GMT, Friday, 2 May 2008 21:14 UK
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UN urges biofuel investment halt

Palm oil is one of the biofuel crops stirring controversy

The UN's new top adviser on food has urged a freeze on biofuel investment, saying the blind pursuit of the policy is "irresponsible".

Olivier de Schutter also wants curbs on investors whose speculation is, he says, driving food prices higher.

UN officials liken the rise in food prices to a silent tsunami, threatening 100 million of the world's poorest.

The use of food crops for alternative sources of energy like ethanol is one factor behind the price hike.

Mr de Schutter did not go quite as far as his predecessor in the job, Jean Ziegler, the BBC's Laura Trevelyan reports from New York.

Mr Ziegler had condemned biofuels as a "crime against humanity" and called for an immediate ban on their use.

'Predictable' crisis

But the new special rapporteur on the right to food did insist the American and European goals for biofuel production were unrealistic

BIOFUELS
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