Sustainability aspects of biofuels
It is
projected to rise from today's 1% to 7%, in 2030. The highest rise in biofuels will take place
in US, Europe, Asia and Brazil (IEF, 2010).
3. Competition with food production
In the literature, there is a general consensus that biofuels do compete with food production,
but the relationship is neither straightforward nor simple as there are other factors that
influence the prices of food and its production (Fammini, 2008; AJanovic, 2010). As was
described in by Fammini (2008), the 2007-08 food price crises had a number of factors
playing for it. One of the underlying causes was the rising demand for food crops from
developing countries, such as China and India. The demand has particularly grown for meat
and dairy products, which implies increased demand for animal feed. That factor ties closely
in with the reduction of international crop stock levels, which usually helps to ease the
consequences of reduced supply