Tag Archives: economy

Discounting the Future of Biofuels

It appears that global leaders’ faith in energy technologies that can reduce greenhouse gas emissions compared to oil is waning, particularly for biofuels, as reported in GreenInc. Respondents to the survey, which included 1,000 environmental experts, ranked energy conservation and efficiency technologies as having the greatest potential impact, both short- and long-term. Some 44 percent of respondents also said they expect that the current economic crisis will hinder progress toward an effective international climate agreement. Read More >

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High Food Prices Hurt Consumers and Biofuels Companies

Yesterday, the New York Times wrote: “A United Nations food agency called on Tuesday for a review of biofuel subsidies and policies, noting that they had contributed significantly to rising food prices and the hunger in poor countries. With policies and subsidies to encourage biofuel production in place in much of the developed world, farmers often find it more profitable to plants crops for fuel than for food, a shift that has helped lead to Read More >

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