Biofuels

Posted at 12:26am on Jun. 27, 2008 The Regressive Nature Of Biofuels Reliance

By Pejman Yousefzadeh

Discussed here. And relatedly, see this.

Posted at 12:35am on Jun. 19, 2008 If Only We Had Cars That Ran on Magic

By Ben Domenech

I had the pleasure of participating in a BBC debate this afternoon on the World Newshour show with Daniel Weiss of the Center for American Progress. We had an extensive discussion with the host on the President's announcement today in support of offshore drilling and other energy initiatives. Feel free to listen, and then a few points after:

Ben Domenech on BBC Radio (6:00 Minute Mark)

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Posted at 4:45pm on Apr. 25, 2008 Biofuels And Food Price Inflation

By Pejman Yousefzadeh

This article makes a connection between the use of biofuels and the food price inflation that we have seen take hold in recent months. The last I heard, the biofuels market was down and products like ethanol were no longer as highly priced as they were before. But there can be little denying that a misplaced emphasis and reliance on biofuels has helped in no small way to bring the crisis about.

Currently, it would seem that simple demand is one of the chief catalysts of price inflation. The best response would be to lower price support compacts and to augment society's use of genetically modified foods in order to meet demand. We will see if there is a push for this, or whether policymakers will allow food price inflation to grow as a problem. In the meantime, it does behoove us to keep a cool head about things, even as we recognize that this is a serious issue.

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