According to a new investigation into the real price of biofuels, biodiesel costs at least 70% more than petrol and diesel on the commodities market, according to the crop utilized. We urged the EU to discontinue mandated crop biofuel blending in order to relieve the strain on food and fuel prices.
In Europe, biofuels have continuously been more expensive than fossil fuels in past years. The price differential to fossil fuels is growing with recent price increases in many of the biomasses used for biofuels, such as …