Government support of biofuels production is costly and has a limited impact on reducing greenhouse gases and improving energy security, the Organization for Economic Cooperation and Development says. A new study of OECD member-countries’ policies to promote greater production and use of biofuels says the fuels are highly dependent on public funding in order to be viable and have a significant impact on world food prices. The Paris-based OECD brings together governments of 30 countries ...

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