A new study has looked at the “real” impacts of U.S. biofuels production both domestically and internationally and has concluded it is “negligible or nonexistent.” The research was coauthored by Dr. Seungdo Kim and Dr. Bruce E. Dale and was published in the July issue of Biomass and Bioenergy Journal under the title, “Indirect land use change for biofuels: Testing …
Report Finds “No Strict Food Versus Fuel Tradeoff”
A new report from Informa Economics released today concludes that ethanol production is not causing a “strict food-versus-fuel tradeoff” that automatically drives consumer food prices higher. The report, which was prepared for the Renewable Fuels Foundation, is an historical analysis of corn, commodity and consumer prices from 1985-2010. One of the key findings of the study was that no single …
What Would Happen If Ethanol Tax Credit Extended?
There are several proposed amendments to current ethanol tax policy including the VEETC and tariff. Many believe that these incentives will disappear at the end of the year, but what would happen if they were extended? Today, the blender’s credit (VEETC) is 45 cents and the ethanol tariff is 54 cents. According to research conducted by University of Missouri economists, …
New Oxfam Report: Growing a Better Future
A new report, “Growing a Better Future,” has the ethanol industry up in arms over its accusation that U.S. biofuel policy is leading to world hunger. The report kicked off a new worldwide GROW campaign spearheaded by the organization. The report covers the symptoms of today’s broken food system: growing hunger, flat-lining yields, a scramble for fertile land and water, …
FAO Studies Pros & Cons of Bioenergy
FAO has released a new report that contains methodology designed to aid policymakers assess the pros and cons of investing in the bioenergy industry. The “Bioenergy and Food Security (BEFS) Analytical Framework” was written to help governments evaluate the potential of bioenergy as well as assess its possible food security impacts. The framework was developed over a three-year time frame …
Canada Fears Rising Gas Prices
I just returned from Toronto, Canada after attending the 2011 BIO World Congress (great stuff and check back as I post a series of audio interviews from the conference) and the country is feeling the impacts of rising gas prices. Consumers in Central Canada have seen gas prices rise nearly 30 cents almost overnight despite the drop in oil prices …
Heliae – Measuring Algae by the Barrel
Sun and algae go together like peanut butter and jelly. Just ask Karl Seitz, Co-Founder of Heliae. I sat down with Seitz during the Advanced Biofuels Leadership Conference in DC to learn a little more about his company and their technology. The first unique attribute of the company is their name. Heli is Greek for the sun and the ae …
Canadian Farmers Release Biofuels Report
The Grain Farmers of Ontario have proclaimed that the food versus fuel debate should be over with the release of a new report that says farmers can serve both markets. The study on “Effects of Biofuels and Bioproducts on the Environment, Crop and Food Prices and World Hunger” they say “should put an end to the ongoing debate of whether …
Causes of Higher Food Prices
Our latest ZimmPoll asked the question, “What causes higher food prices?” Most people responding seem to believe it’s a combination of factors – 47%. That’s followed by higher gas/energy costs at 23%, speculators at 18%, ethanol at 9% and weather at 3%. I wonder how the response would compare to an audience for a general news website like Fox or …
Nestle Chairman – Biofuels Are Immoral
The Chairman of Nestle, who just so happens to sit on the board of ExxonMobil, Peter Brabeck-Latmathe, lambasted global leaders for their support of “immoral” biofuel policies that are starving millions around the world earlier this week. In particular, he attacked the Obama administration for promoting corn-based ethanol and reserved no kind words for U.S. Agriculture Secretary Tom Vilsack who …