(Bloomberg) -- The European Union said Brazil must
protect farms and forests at home to pry open biofuel markets
abroad, seeking to prevent a clean-air campaign from causing
environmental damage.
Brazil, a pioneer in developing biofuels including ethanol,
is counting on export growth as Europe, the U.S. and Asia try to
reduce the use of higher-polluting oil. The EU wants biofuels,
made from crops such as sugar and grain, to make up 10 percent
of transport fuel by 2020 from a planned 5.75 percent in 2010.
Read more at Bloomberg Emerging Markets News
protect farms and forests at home to pry open biofuel markets
abroad, seeking to prevent a clean-air campaign from causing
environmental damage.
Brazil, a pioneer in developing biofuels including ethanol,
is counting on export growth as Europe, the U.S. and Asia try to
reduce the use of higher-polluting oil. The EU wants biofuels,
made from crops such as sugar and grain, to make up 10 percent
of transport fuel by 2020 from a planned 5.75 percent in 2010.
Read more at Bloomberg Emerging Markets News
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