European Parliament votes for cut in bio-fuel growth

By so doing, the share of bio-ethanol flowing to the European Union transport sector will be 5 percent. It was earlier assumed that the share would be raised to 10 percent.

The deputies also called for governments of the European Union to limit the production of fuel from corn and concentrate on electric and hydrogen energy, Oil.ru reported.

According to the United Nations, the spread of bio-fuels is a major cause behind the world-wide spike in food costs because the amount of arable land that could be devoted to food production is being used to grow fuel products.

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