BIOFUEL TRADING SCAM

By JULIA DAY, STEPS Centre member

The front page story of today’s Guardian delves into the murky world of a biofuels scam. “Up to 10% of biofuel exports from the US to Europe are believed to be part of the rogue scheme reaping big profits for agricultural trading firms,” writes environment correspondent Terry Macalister. And the EU is being urged to take action to stop the trading scam “that exploits US agricultural subsidies and undermines the fight against global warming”.

Read Macalister’s full story

Check out the background to the story

And to delve deper into the biofuels sector, see all the material from a recent STEPS Seminar by Helena Paul and Les Levidow

One comment:

  1. The EU is being urged to take action to stop a biofuel trading scam that exploits US agricultural subsidies and undermines the fight against global warming. Up to 10% of biofuel exports from the US to Europe are believed to be part of the rogue scheme reaping big profits for agricultural trading firms. you can get information about Money exchange at here interchangefx.co.uk

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