Biofuels and Agricultural Commodity Prices
Submitted by admin on August 26, 2012 – 6:31 pmNo Comment
(Netzwerk Biotreibstoffe) IEEP, the Institute for European Environmental Policy, has produced a review of the evidence base on the impacts of EU biofuel policies on global agricultural commodity prices, commissioned by ActionAid. Following up on the debate on indirect land use change, this is another complex dimension for EU policy makers responsible for renewable energy targets to consider. Given that the mandated use of biofuels in the EU and elsewhere constitutes a ‘demand shock’ for biofuel crops, price levels are projected to increase for these crops; the extent of these increases ranges widely across studies, however. READ MORE and MORE (The Guardian) Download study
