A raft of new studies reveal European and American multibillion dollar support for biofuels is unsustainable, environmentally destructive and much more about subsidising agri-business corporations than combating global warming.
Not only do most forms of biofuel production do little to reduce greenhouse gas emissions, growing biofuel crops uses up precious water resources, increasing the size and extent of dead zones in the oceans, boosting use of toxic pesticides and deforestation in tropical countries, such studies say.
And biofuel, powered by billions of dollars in government subsidies, will drive food prices 20-40 percent higher between now and 2020, predicts the Washington-based International Food Policy Research Institute.
"Fuel made from food is a dumb idea to put it succinctly," says Ronald Steenblik, research director at the International Institute for Sustainable Development's Global Subsidies Initiative (GSI) in Geneva, Switzerland.
Biofuel production in the U.S. and Europe is just another way of subsidising big agri-business corporations, Steenblik told IPS.
"It's (biofuel) also a distraction from dealing with the real problem of reducing greenhouse gas emissions," he asserts.
Making fuel out of corn, soy, oilseeds and sugar crops is also incredibly expensive, Steenblik and his co-authors document in two new reports on the U.S. and the European Union that are part of a series titled 'Biofuels at What Cost? Government Support for Ethanol and Biodiesel'.
Their analysis shows that by 2006 government support for biofuels had reached 11 billion dollars a year for Organisation of Economic Development and Co-operation (OECD) countries. More than 90 percent of those subsidies came from the European Union and the U.S.
These subsidies will likely climb to 13-15 billion dollars this year the report estimates. "More subsidies are coming as the biofuel industry expands," says Steenblik.
"Governments rarely phase out subsidies," laments Steenblik. "We're hoping that countries will come to their senses in the next few years."
Read more from http://www.commondreams.org/archive/2007/10/20/4700/
