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Oxfam welcomed today’s vote by European Parliamentarians in support of a strong European Financial Transaction Tax (FTT) covering all instruments (shares, bonds and derivatives), as put forward by

Today MEPs voted to introduce a seven percent cap on food-based biofuels and to include carbon emissions from land use change in environmental assessments.

Europe can continue burning food to fuel cars and trucks in the EU, the European Parliament voted today. In the vote on the reform of the Renewable Energy Directive for 2030, MEPs supported rules that would allow member states to force-feed car drivers with biofuels made from food-crops at current levels until 2030.

In reaction to today’s EU Energy Ministers’ statement on their debate about Europe’s post 2020 renewable energy strategy, Natalia Alonso, Head of Oxfam’s EU office, said:

This paper shows how concerns about land and food rights around the world, both major campaigning priorities for Oxfam, are closely linked to EU biofuel mandates.

RWE (npower), Goldman Sachs and derivatives lobby group ISDA have been given the dubious honor of being named the Worst EU Lobbyists of 2010. The results of the Worst EU Lobbying Awards 2010 were revealed today during a ceremony outside the ISDA office in Brussels.

Today the European Parliament  Committee on Budgets voted on the Committee's own initiative report on new own resources to finance the EU budget and EU political priorities.

European Commission President Jose Manuel Barroso today threw his full support behind an EU Financial Transaction Tax (FTT) arguing that banks must make a '”contribution” back to society af

Last year poor people around the world endured the consequences of the food and energy price crisis.

The European Parliament today adopted a report advocating the EU press ahead with the introduction of a Financial Transaction Tax (FTT) on a unilateral basis to raise money for public goods.