Illinois-Based Biodiesel Producer Faces New EU Tarrifs
By Kevin Robinson in News on Mar 4, 2009 8:00PM
Photo by jimdeane
Earlier this year the EU announced its opposition to the so-called "Buy American" clause in the economic recovery bill that was signed into law last year. The massive spending bill, designed to kick-start the U.S. economy by pumping billions of dollars into the national economy through tax cuts and construction projects requires the use of American manufactured iron and steel products in construction projects that use recovery funds. Critics of biodiesel, including prominent scientists and economists, argue that production of biofuels converts arable land from food to fuel production, while pushing food prices on the global market higher.