Thursday, 13 October 2011

EU Plans Greener Farm Subsidies

The EU has announced plans to reform its Common Agricultural Policy (CAP). The CAP which is designed to support European farming has often been criticised for its cost, for encouraging unsustainable farming, creating farming surpluses and unfairly subsidising European farmers at the expense of its LEDC rivals. Even though spending is going to stay at the same level (58 billion euros), there are now three more greener criteria in order to gain subsidies:
  • arable farmers growing at least three different crops, with none exceeding 70% of the total farm area
  • farmers leaving 7% of their land fallow
  • ensuring permanent pasture is maintained
http://www.bbc.co.uk/news/world-europe-15272815

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