indirect land use change
A recent economics paper suggests strongly that biofuels have raised food prices for the world’s poor.
Berkeley economist Brian Wright has a disquieting article in the Winter 2014 issues of the Journal of Economic Perspectives, which just crossed my desk. JEP is published by the American Economic Association and is a great resource for those of us who are interested in economics but aren’t professional economists. This article is a case in …CONTINUE READING
Biofuels are a promising way to reduce carbon emissions, but they have a potential side-effect: indirect land use change (ILUC). ILUC is more serious for some fuels than others, but it’s a possibility with any biofuel except perhaps algae grown in tanks in the desert. The logic of ILUC seems undeniable: because demand for food …CONTINUE READING