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Large European Ethanol Maker Hit By Cheap Brazilian Imports
By Mr Ethanol | November 16, 2007
Checkbiotech:
German bioethanol producer Verbio says a combination of cheap imports from Brazil and high grain prices means commercial production of bioethanol in Germany is hardly possible.
In a sense, this is good news, because it clearly demonstrates the need for and benefits of a ‘Biopact’ - a win-win strategy that allows developing countries to make use of their comparative advantages at producing efficient, sustainable and affordable biofuels, and European citizens to import them instead of making their own highly unsustainable and inefficient biofuels from grains, which drives up food prices.
Under such a Biopact, poor countries with large land and labor resources and urgently in need of economic and agricultural opportunities can help lift millions of the rural poor out of misery. Objectively speaking, they have all the resources needed to produce a very large amount of biofuels, in an explicitly sustainable manner. With good policies and trade reform, such a mutually beneficial exchange relationship is possible. Important think tanks and international organisations - the FAO, the IEA, the Global Bioenergy Partnership, the UNIDO, the WorldWatch Institute and many others - have called for such a win-win situation. What is more, it would make an end to the unnecessary ‘food versus fuel’ debate, which is precisely driven by the fact that EU/US producers use grains like corn and wheat to make ethanol, while blocking far more efficient and less costly biofuels from the South.
Topics: Brazil, Cheap, Ethanol, News |
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