If agro-biofuels are neither feasible nor desirable, why are billions of dollars and euros being poured into agro-biofuel production through investments and subsidies? Have politicians suddenly lost their minds? Have investors suddenly lost their common sense? As a matter of fact, as is argued in detail further on, neither investors nor politicians have lost their [...]
As observed, the production of the US and Brazil combined covers almost 90 per cent of the world production of biofuels. In 2006, the US produced 18.4 billion litres (46 per cent of the world’s total) and Brazil 16 billion litres of ethanol (42 per cent of the world’s total; World Bank, 2008). Even though [...]