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Food for fuel: The price of ethanol

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  • Dominic K. Albino
  • Karla Z. Bertrand
  • Yaneer Bar-Yam

Abstract

Conversion of corn to ethanol in the US since 2005 has been a major cause of global food price increases during that time and has been shown to be ineffective in achieving US energy independence and reducing environmental impact. We make three key statements to enhance understanding and communication about ethanol production's impact on the food and fuel markets: (1) The amount of corn used to produce the ethanol in a gallon of regular gas would feed a person for a day, (2) The production of ethanol is so energy intensive that it uses only 20% less fossil fuel than gasoline, and (3) The cost of gas made with ethanol is actually higher per mile because ethanol reduces gasoline's energy per gallon.

Suggested Citation

  • Dominic K. Albino & Karla Z. Bertrand & Yaneer Bar-Yam, 2012. "Food for fuel: The price of ethanol," Papers 1210.6080, arXiv.org.
  • Handle: RePEc:arx:papers:1210.6080
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    File URL: http://arxiv.org/pdf/1210.6080
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    Cited by:

    1. Nassim Nicholas Taleb & Rupert Read & Raphaël Douady & Joseph Norman & Yaneer Bar-Yam, 2014. "The Precautionary Principle (with Application to the Genetic Modification of Organisms)," Working Papers hal-01479405, HAL.
    2. Baines, Joseph, 2015. "Price and Income Dynamics in the Agri-Food System: A Disaggregate Perspective," EconStor Theses, ZBW - Leibniz Information Centre for Economics, number 157992, July.
    3. Krishnan, R. & Pearce, J.M., 2018. "Economic impact of substituting solar photovoltaic electric production for tobacco farming," Land Use Policy, Elsevier, vol. 72(C), pages 503-509.

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