• 2 hours Nigeria Approves Petroleum Industry Bill After 17 Long Years
  • 4 hours Venezuelan Output Drops To 28-Year Low In 2017
  • 6 hours OPEC Revises Up Non-OPEC Production Estimates For 2018
  • 9 hours Iraq Ready To Sign Deal With BP For Kirkuk Fields
  • 10 hours Kinder Morgan Delays Trans Mountain Launch Again
  • 11 hours Shell Inks Another Solar Deal
  • 1 day API Reports Seventh Large Crude Draw In Seven Weeks
  • 1 day Maduro’s Advisors Recommend Selling Petro At Steep 60% Discount
  • 1 day EIA: Shale Oil Output To Rise By 1.8 Million Bpd Through Q1 2019
  • 1 day IEA: Don’t Expect Much Oil From Arctic National Wildlife Refuge Before 2030
  • 1 day Minister Says Norway Must Prepare For Arctic Oil Race With Russia
  • 1 day Eight Years Late—UK Hinkley Point C To Be In Service By 2025
  • 1 day Sunk Iranian Oil Tanker Leave Behind Two Slicks
  • 1 day Saudi Arabia Shuns UBS, BofA As Aramco IPO Coordinators
  • 2 days WCS-WTI Spread Narrows As Exports-By-Rail Pick Up
  • 2 days Norway Grants Record 75 New Offshore Exploration Leases
  • 2 days China’s Growing Appetite For Renewables
  • 2 days Chevron To Resume Drilling In Kurdistan
  • 2 days India Boosts Oil, Gas Resource Estimate Ahead Of Bidding Round
  • 2 days India’s Reliance Boosts Export Refinery Capacity By 30%
  • 2 days Nigeria Among Worst Performers In Electricity Supply
  • 3 days ELN Attacks Another Colombian Pipeline As Ceasefire Ceases
  • 3 days Shell Buys 43.8% Stake In Silicon Ranch Solar
  • 3 days Saudis To Award Nuclear Power Contracts In December
  • 3 days Shell Approves Its First North Sea Oil Project In Six Years
  • 3 days China Unlikely To Maintain Record Oil Product Exports
  • 3 days Australia Solar Power Additions Hit Record In 2017
  • 3 days Morocco Prepares $4.6B Gas Project Tender
  • 3 days Iranian Oil Tanker Sinks After Second Explosion
  • 6 days Russia To Discuss Possible Exit From OPEC Deal
  • 6 days Iranian Oil Tanker Drifts Into Japanese Waters As Fires Rage On
  • 6 days Kenya Cuts Share Of Oil Revenues To Local Communities
  • 6 days IEA: $65-70 Oil Could Cause Surge In U.S. Shale Production
  • 6 days Russia’s Lukoil May Sell 20% In Oil Trader Litasco
  • 6 days Falling Chinese Oil Imports Weigh On Prices
  • 6 days Shell Considers Buying Dutch Green Energy Supplier
  • 7 days Wind And Solar Prices Continue To Fall
  • 7 days Residents Flee After Nigeria Gas Company Pipeline Explodes
  • 7 days Venezuela To Pre-Mine Petro For Release In 6-Weeks
  • 7 days Trump Says U.S. “Could Conceivably” Rejoin Paris Climate Accord
Alt Text

Research Unveils New Promising Biofuel

New research suggests that young…

Alt Text

Oil Refiners And Farmers Battle Over Biofuels

Trump has agreed to meet…

Alt Text

Sweden Burns H&M Clothes As Fuel

A power plant in Stockholm…

Charlotte Dudley

Charlotte Dudley

Charlotte is a writer for Environmental Finance.Environmental Finance is the leading global publication covering the ever-increasing impact of environmental issues on the lending, insurance, investment…

More Info

Biofuel Sector in African Land Grab

Biofuel Sector in African Land Grab

EU biofuel targets are driving a “land grab” in Africa, according to a report by Friends of the Earth.

The report, Africa: up for grabs, released on Monday, says the biofuel sector is generating an African land grab that will cause deforestation, promote food insecurity and create conflict with local communities.

The report details the trend among foreign governments, private companies and investment funds to acquire land in Africa to grow crops for biofuel. According to Friends of Earth, around five million hectares across 11 African countries have been bought or leased for biofuel purposes, chiefly by European and Chinese investors.

While biofuel developments promise to create employment and develop local African economies, Friends of the Earth says the land grab puts pressure on farmland, increases greenhouse gas emissions and in some instances threatens access to resources such as water and forests.

“While foreign companies pay lip service to the need for ‘sustainable development’, agrofuel production and demand for land is resulting in the loss of pasture and forests, destroying natural habitat and probably causing an increase in greenhouse gas emissions,” said the report.

The report recommends dumping policies that increase biofuel demand, such as the EU’s renewable energy target.

Friends of the Earth said the EU’s mandatory target for increasing biofuels is a “clear driver to the land grabbing in Africa” and recommended, “political targets that increase demand for agrofuels should be scrapped, in particular the EU’s mandatory target”.

By. Charlotte Dudley

Source: Environmental Finance




Back to homepage


Leave a comment

Leave a comment




Oilprice - The No. 1 Source for Oil & Energy News