March 23, 2008
The Common Agricultural Policy is still a necessity to ensure general food security and rural livelihoods, but its current structure is still badly outdated and it chews up far too much of the EU budget.
Why not instead divert a significant proportion of the CAP’s funding structure towards growing biofuels and also biofuel research?
1. Certain sectors of the farming industry would benefit and even profit from the alternative crop, which would be great for the economy as a whole;
2. It would reduce the problems of dumping surplus produce on the world market (and the negative effects this has on the economies of developing countries); and
3. Ultimately it could improve our energy security and it might help the EU in its quest to reduce carbon emissions.Author : EMI