Featured Research

from universities, journals, and other organizations

Global Biopact On Biofuels Can Bring Benefits To Both Rich And Poor Nations

Date:
February 20, 2008
Source:
Society of Chemical Industry
Summary:
A global Biopact between rich and poor nations can help alleviate poverty and global warming. Scientists argue that a trade agreement to guarantee market factors between the North (developed countries) and the South (developing countries) -- would enable the expansion of global trade in biofuels under controlled and sustainable conditions, countering recent opinion that biofuels are unsustainable and will have a negative impact.

A Global Biofuels Biopact between rich and poor countries can help alleviate poverty in the developing world while helping to solve the problems of global warming and energy security in the developed world, says a new paper in the journal Biofuels, Bioproducts and Biorefining.

Related Articles


According to the paper's author, John Mathews, professor of Strategic Management at Macquarie University, Australia, a Biopact -- a trade agreement to guarantee market factors between the North (developed countries) and the South (developing countries) -- will enable the expansion of global trade in biofuels under controlled and sustainable conditions, countering recent opinion that biofuels are unsustainable and will have a negative impact.

Professor Mathews said: "Branding all biofuels from developing countries as unsustainable and blocking exports of these fuels to developed nations is 'disguised protectionism'.

"Agriculture in developing countries in the tropics can be more sustainable if it features good practice, because of lower energy inputs, lower water inputs and lower carbon footprints. And good practice can be assured by a Biopact."

"A global Biopact could include measures to prevent clearing rainforest for biofuels production, for example. If markets in the North for responsibly produced biofuels are opened, then fuels grown irresponsibly can effectively be banned."

Opening up the markets could also allow EU countries to reduce greenhouse gas emissions by importing carbon-neutral biofuels grown in the tropical "South".

Professor Mathews lent support to the idea that carbon credits could be earned by maintaining rainforests intact.

The paper also suggests that 2,000 biorefineries in the South could be built over a decade with investment costing approx US$240 billion over 10 years -- in contrast with US$470 billion predicted by the International Energy Agency to be invested in the conventional fossil fuel industry by 2010.

Professor Mathews added: "Greater investment in biofuels could improve agricultural efficiency and increase yield of non-food crops, generating income and enabling a greater ability to purchase food and improve technology to increase agricultural production of food crops."


Story Source:

The above story is based on materials provided by Society of Chemical Industry. Note: Materials may be edited for content and length.


Cite This Page:

Society of Chemical Industry. "Global Biopact On Biofuels Can Bring Benefits To Both Rich And Poor Nations." ScienceDaily. ScienceDaily, 20 February 2008. <www.sciencedaily.com/releases/2008/02/080220091427.htm>.
Society of Chemical Industry. (2008, February 20). Global Biopact On Biofuels Can Bring Benefits To Both Rich And Poor Nations. ScienceDaily. Retrieved March 29, 2015 from www.sciencedaily.com/releases/2008/02/080220091427.htm
Society of Chemical Industry. "Global Biopact On Biofuels Can Bring Benefits To Both Rich And Poor Nations." ScienceDaily. www.sciencedaily.com/releases/2008/02/080220091427.htm (accessed March 29, 2015).

Share This


More From ScienceDaily



More Earth & Climate News

Sunday, March 29, 2015

Featured Research

from universities, journals, and other organizations


Featured Videos

from AP, Reuters, AFP, and other news services

Antarctic Ice Is Melting Faster Than Ever

Antarctic Ice Is Melting Faster Than Ever

Newsy (Mar. 27, 2015) A new study of nearly two decades of satellite data shows Antarctic ice shelves are losing more mass faster every year. Video provided by Newsy
Powered by NewsLook.com
Raw: Homes Near Landslide in Washington

Raw: Homes Near Landslide in Washington

AP (Mar. 27, 2015) Aerial footage from KOMO shows several homes near a landslide in Washington. KOMO reports that at least one of the homes has been damaged. (March 27) Video provided by AP
Powered by NewsLook.com
Clean-Up Follows Deadly Weather in Okla.

Clean-Up Follows Deadly Weather in Okla.

AP (Mar. 26, 2015) Gov. Mary Fallin has declared a state of emergency for 25 Oklahoma counties after powerful storms rumbled across the state causing one death, numerous injuries and widespread damage. (March 26) Video provided by AP
Powered by NewsLook.com
At Least Four Dead After Floods in Northern Chile

At Least Four Dead After Floods in Northern Chile

Reuters - News Video Online (Mar. 26, 2015) At least four people have been killed by severe flooding in northern Chile after rains battered the Andes mountains and swept into communities below. Rob Muir reports. Video provided by Reuters
Powered by NewsLook.com

Search ScienceDaily

Number of stories in archives: 140,361

Find with keyword(s):
Enter a keyword or phrase to search ScienceDaily for related topics and research stories.

Save/Print:
Share:

Breaking News:

Strange & Offbeat Stories


Plants & Animals

Earth & Climate

Fossils & Ruins

In Other News

... from NewsDaily.com

Science News

Health News

Environment News

Technology News



Save/Print:
Share:

Free Subscriptions


Get the latest science news with ScienceDaily's free email newsletters, updated daily and weekly. Or view hourly updated newsfeeds in your RSS reader:

Get Social & Mobile


Keep up to date with the latest news from ScienceDaily via social networks and mobile apps:

Have Feedback?


Tell us what you think of ScienceDaily -- we welcome both positive and negative comments. Have any problems using the site? Questions?
Mobile: iPhone Android Web
Follow: Facebook Twitter Google+
Subscribe: RSS Feeds Email Newsletters
Latest Headlines Health & Medicine Mind & Brain Space & Time Matter & Energy Computers & Math Plants & Animals Earth & Climate Fossils & Ruins