According to a new study published by Cerulogy – a sustainable policy consultancy based in North America, demand for biofuel made with palm and rapeseed oil is resulting in an increase in global food prices. Initially popularised to curb the use of fossil fuels in the early 2000s, the EU introduced the EU biofuel directive in 2003, but later agreed to cap biofuel use at 7% in 2015 amidst growing concern for biofuel’s link to deforestation and environmental degradation.
