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Biofuel policy must evaluate environmental, food security and energy goals to maximize net benefits

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Listed:
  • Sexton, Steven E
  • Rajagapol, Deepak
  • Hochman, Gal
  • Zilberman, David D
  • Roland-Holst, David

Abstract

The biofuel industry has received billions of dollars in support from governments around the world, as political leaders respond to new environmental and energy-security imperatives. However, a growing body of research highlights nontrivial costs associated with biofuel production, including environmental destruction and diminished food security, and questions the magnitude of perceived benefits. We discuss the ability of biofuels to accomplish climate change, rural development and energy-security objectives, and consider possible impacts on food production and environmental conservation. We also review methods for judging biofuels, consider how well they contribute to policy objectives, and compare policies that support biofuels.

Suggested Citation

  • Sexton, Steven E & Rajagapol, Deepak & Hochman, Gal & Zilberman, David D & Roland-Holst, David, 2009. "Biofuel policy must evaluate environmental, food security and energy goals to maximize net benefits," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt82t5055w, Department of Agricultural & Resource Economics, UC Berkeley.
    • Handle: RePEc:cdl:agrebk:qt82t5055w
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    1. Rajagopal, Deepak & Zilberman, David, 2007. "Review of environmental, economic and policy aspects of biofuels," Policy Research Working Paper Series 4341, The World Bank.
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    1. Yeh, Sonia & Witcover, Julie & Lade, Gabriel E. & Sperling, Daniel, 2016. "A review of low carbon fuel policies: Principles, program status and future directions," Energy Policy, Elsevier, vol. 97(C), pages 220-234.

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