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Institut für Umweltentscheidungen, ETH Zürich
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The ongoing climate debate, rising energy prices and (inter-)national efforts towards environment-friendly energy strategies have caused strong political discussions with regard to bio-energy production. In Switzerland too, authorities show an increasing interest in understanding the role of Swiss agriculture as a potential supplier of crop-based bio-energy. In this context, the Swiss Federal Office for Agriculture (OFAG) commissioned the professorship of Agricultural Economics at the Swiss Federal Insitute of Technology (ETH) to examine the interaction of food and energy production from an economic point of view. Core-issue of the paper is an economic analysis between farmland-based food- and energy-production. A main question is to define the critical energy price level that equalizes the value added of agricultural commodities for energy and food use.
