More Tax Breaks for Biofuels Says the Wary UK Parliament

Filed in archive Biofuel by Reden Rodriguez on November 24, 2006

Because the United Kingdom has fallen behind its target for biofuel usage, the UK parliament has taken the bold move of considering extra tax incentives. A report from the House of Lords, the upper chamber of UK's parliament said: "Increasing Europe's use of biofuels has a significant role to play in dealing with this problem (global warming)."

What is more important to not though is that the parliament has taken on a more conscientious approach to this statement by adding that prudence must be observed in developing biofuels. The Paradox between the rainforest protection and biofuels development has grown to be quite a concern and the UK Parliament is keen on ensuring that Britain takes no part in causing more problems than contributing to the solution.

Read more about this story here.

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