Drought-stricken crops and record-high grain prices have strengthened critics of the European Union biofuel industry, adding fears of a food crisis to their claims that it does not ultimately reduce carbon dioxide emissions.
The renewed anxiety adds to pressure on the EU's executive Commission to forge a deal this year to help ensure that EU biofuels do not clash with food production or the environment.
Such an agreement would remove some of the uncertainty that has hung over the multi-billion euro bioenergy industry during years of debate.
The U.N.'s Food and Agriculture Organization last week called for a suspension of U.S. ethanol quotas as a response to the impact of the worst U.S. drought in more than half a century on corn supplies and prices.
Ahead of a U.S. election, immediate change is unlikely. [ID:nL6E8JDC1V] But the polemic highlights concerns that EU goals also stoke commodity volatility because they exaggerate ...