The global food crises of 2008 and 2010 and the increased price volatility revolve around biofuels policies and their interaction with each other, farm policies and between countries. While a certain degree of research has been conducted on biofuel efficacy and logistics, there is currently no book on the market devoted to the economics of biofuel policies. The Economics of Biofuel Policies focuses on the role of biofuel policies in creating turmoil in the world grains and oilseed markets since 2006. This new volume is the first to put together theory and empirical evidence of how biofuel policies created a link between crop (food grains and oilseeds) and biofuel (ethanol and biodiesel) prices. This combined with biofuel policies role in affecting the link between biofuels and energy (gasoline, diesel and crude oil) prices will form the basis to show how alternative US, EU, and Brazilian biofuel policies have immense impacts on the level and volatility of food grain and oilseed prices.
Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs—created to support farmers but often benefiting crop processors instead—the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions between energy production, environmental protection, and the global food supply. Other contributions discuss the major effects of genetic engineering on worldwide food markets. By addressing some of the most challenging topics at the intersection of agriculture and biotechnology, this volume informs crucial debates.
In the United States, we have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. In recent years, many questions have been raised regarding the sustainability of our current pattern of high consumption of nonrenewable energy and its environmental consequences. Further, because the United States imports about 55 percent of the nation's consumption of crude oil, there are additional concerns about the security of supply. Hence, efforts are being made to find alternatives to our current pathway, including greater energy efficiency and use of energy sources that could lower greenhouse gas (GHG) emissions such as nuclear and renewable sources, including solar, wind, geothermal, and biofuels. The United States has a long history with biofuels and the nation is on a course charted to achieve a substantial increase in biofuels. Renewable Fuel Standard evaluates the economic and environmental consequences of increasing biofuels production as a result of Renewable Fuels Standard, as amended by EISA (RFS2). The report describes biofuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of biofuels production and the barriers to achieving the RFS2 consumption mandate. Policy makers, investors, leaders in the transportation sector, and others with concerns for the environment, economy, and energy security can rely on the recommendations provided in this report.
This book provides an overview of current and future bioenergy developments, describes the impacts related to poverty and the environment, assesses the opportunities and challenges and outlines how future World Bank activities related to bioenergy may be linked to poverty alleviation and environmental protection.
Around the world, many countries are increasing efforts to promote biomass production for industrial uses including biofuels and bio-products such as chemicals and bio-plastic. Against a backdrop of lively public debate on sustainability, bioenergy wields both positive and negative impacts upon a variety of environmental and socio-economic issues. These include property rights, labor conditions, social welfare, economic wealth, poverty reduction and more. This book discusses the issues and impacts of bioenergy, taking into account the local and regional framework under which bioenergy is produced, touching upon educational level, cultural aspects, the history and economies of the producing countries and an array of policies including environmental and social targets. The book surveys and analyzes global bioenergy production from a number of perspectives. The authors illustrate the complexity of interrelated topics in the bioenergy value chain, ranging from agriculture to conversion processes, as well as from social implications to environmental effects. It goes on to offer insight on future challenges associated with the expected boom of a global bio-based economy, which contributes to the paradigm shift from a fossil-based to a biomass and renewable energy-based economy. The expert contributors include researchers, investors, policy makers, representatives from NGOs and other stakeholders, from Europe, Africa, Asia and Latin America. Their contributions build upon the results of the Global-Bio-Pact project on “Global Assessment of Biomass and Bio-product Impacts on Socio-economics and Sustainability,” which was supported by the European Commission in its 7th Framework Program for Research and Technological Development, conducted from February 2010 to January 2013. The book benefits policy makers, scientists and NGO staffers working in the fields of agriculture, forestry, biotechnology and energy.
This open access book presents a comprehensive analysis of biofuel use strategies from an interdisciplinary perspective using sustainability science. This interdisciplinary perspective (social science-natural science) means that the strategies and policy options proposed will have significant impacts on the economy and society alike. Biofuels are expected to contribute to reducing greenhouse gas emissions, revitalizing economies in agricultural communities and alleviating poverty. However, despite these anticipated benefits, international organizations such as the FAO, OECD and UN have published reports expressing concerns that biofuel promotion may lead to deforestation, water pollution and water shortages. The impacts of biofuel use are extensive, cross-sectoral and complex, and as such, comprehensive analyses are required in order to assess the extent to which biofuels can contribute to sustainable societies. Applying interdisciplinary sustainability science concepts and methodologies, the book helps to enhance the establishment of a sustainable society as well as the development of appropriate responses to a global need for urgent action on current issues related to biofuels.
A new economic opportunity for sub-Saharan Africa is looming large: biofuel production. Rapidly rising energy prices are expected to remain high for an extended period of time because of the increasing demand in prospering and populous countries such as China and India, the depletion of easily accessible supplies of crude oil, and concern over global climate change. As a result, there is renewed interest in biofuels as an alternative to fossil fuels. Africa is uniquely positioned to produce these new cash crops for both domestic use and export. The region has abundant land resources and preferential access to protected markets with higher-than-world-market prices. The rapid growth in the demand for transport fuels in Africa and high fuel prices create domestic markets for biofuels. The European Union and the United States have approved legislation that requires large increases in the consumption of biofuels over at least the next decade. Imports are expected to be needed to meet these mandates, thus opening the door to African and other developing countries that can produce biofuels or feedstocks for biofuels competitively. Expanding the production of crops for biofuels will affect the entire rural sector in Africa as resources are shifted away from traditional crops and the prices of all agricultural commodities rise. Even smallholders can participate in producing biofuel crops. To promote the sustainability and significant contribution of this enterprise, Biofuels in Africa provides guidance in formulating suitable policy regimes, which are based on protecting the rights of current land users, developing revenue-sharing schemes with local communities, safeguarding the environment and biodiversity, expanding institutional capacity, formulating new regulations and procedures, and emulating best practices from experienced countries. This volume will be of value to anyone interested in biofuels, including policy makers, development practitioners, private investors, researchers, and the general public. Now that African countries are trying to significantly increase their energy supply systems, biofuels are an attractive option using both dedicated crops and agricultural waste. This book provides guidance for them to develop a suitable policy regime for a significant contribution by biofuels. Professor Ogunlade R. Davidson, Minister of Energy and Water Resources, Sierra Leone Biofuels in Africa is a sorely needed resource for our understanding of the problems of expanding biofuels production in Africa. A high point of the book is a description of the projects that were started in several countries. A very useful book! Professor Jos Goldemberg, University of S o Paulo, Brazil As Africa most likely will play the same role for global biofuels as the Middle East does for oil, this comprehensive book on African biofuels should be compulsory reading for anyone interested in either African development or biofuels. The book captures the essence of long-term drivers and opportunities as well the complex challenges for investors and society of this huge emerging industry. Per Carstedt, Executive Chairman, EcoEnergy Africa
Handbook of Biofuels Production, Second Edition, discusses advanced chemical, biochemical, and thermochemical biofuels production routes that are fast being developed to address the global increase in energy usage. Research and development in this field is aimed at improving the quality and environmental impact of biofuels production, as well as the overall efficiency and output of biofuels production plants. The book provides a comprehensive and systematic reference on the range of biomass conversion processes and technology. Key changes for this second edition include increased coverage of emerging feedstocks, including microalgae, more emphasis on by-product valorization for biofuels' production, additional chapters on emerging biofuel production methods, and discussion of the emissions associated with biofuel use in engines. The editorial team is strengthened by the addition of two extra members, and a number of new contributors have been invited to work with authors from the first edition to revise existing chapters, thus offering fresh perspectives. - Provides systematic and detailed coverage of the processes and technologies being used for biofuel production - Discusses advanced chemical, biochemical, and thermochemical biofuels production routes that are fast being developed to address the global increase in energy usage - Reviews the production of both first and second generation biofuels - Addresses integrated biofuel production in biorefineries and the use of waste materials as feedstocks
Bioenergy: Biomass to Biofuels and Waste to Energy, Second Edition presents a complete overview of the bioenergy value chain, from feedstock to end products. It examines current and emerging feedstocks and advanced processes and technologies enabling the development of all possible alternative energy sources. Divided into seven parts, bioenergy gives thorough consideration to topics such as feedstocks, biomass production and utilization, life-cycle analysis, energy return on invested, integrated sustainability assessments, conversions technologies, biofuels economics, business, and policy. In addition, contributions from leading industry professionals and academics, augmented by related service-learning case studies and quizzes, provide readers with a comprehensive resource that connect theory to real-world implementation.Bioenergy: Biomass to Biofuels and Waste to Energy, Second Edition provides engineers, researchers, undergraduate and graduate students, and business professionals in the bioenergy field with valuable, practical information that can be applied to implementing renewable energy projects, choosing among competing feedstocks, technologies, and products. It also serves as a basic resource for civic leaders, economic development professionals, farmers, investors, fleet managers, and reporters interested in an organized introduction to the language, feedstocks, technologies, and products in the biobased renewable energy world. - Includes current and renewed subject matter, project case studies from real world, and topic-specific sections on the impacts of biomass use for energy production from all sorts of biomass feedstocks including organic waste of all kinds - Provides a comprehensive overview and in-depth technical information of all possible bioenergy resources: solid (wood energy, grass energy, waste, and other biomass), liquid (biodiesel, algae biofuel, ethanol, waste to oils, etc.), and gaseous/electric (biogas, syngas, biopower, RNG), and cutting-edge topics such as advanced fuels - Integrates current state of art coverage on feedstocks, cost-effective conversion processes, biofuels economic analysis, environmental policy, and triple bottom line - Features quizzes for each section derived from the implementation of actual hands-on biofuel projects as part of service learning
