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eBIO, 2008
The truth about food anf fuel
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Biofuels have been blamed for driving up food prices. However, EU produced bioethanol has many advantages with respect to food supply which have been so far overlooked in the public debate. This brochure on food and fuel distinguishes fact from fiction, sheds light on the benefits of EU bioethanol production and points out the positive impact of next generation of biofuels. The 2007-2008 global agricultural commodity price rises are the result of growing world demand combined with a slow down in productivity growth. This led to the change from a surplus to a shortage era and set the stage for commodity price increases. Lower than expected harvests due to adverse weather conditions and crop diseases exacerbated the price impacts. The policy actions of some countries to isolate their domestic markets through export restraints made the situation even worse. Speculation aggravated the situation even further. The demand for biofuels production only has a marginal impact.
Added on 23 February 2009
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