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Model estimates food-versus-biofuel trade-off
California Agriculture (2011)
  • Deepak Rajagapol, University of California, Berkeley
  • Steven Sexton, University of California, Berkeley
  • Gal Hochman
  • David Roland-Holst, University of California, Berkeley
  • David D Zilberman
Abstract

Biofuels have been criticized for raising food prices and reducing food production. While biofuels have rightly been blamed for contributing to reduced food security at a time of record-high food prices in 2008, they have not been credited with reducing the cost of gasoline, also at a time of record-high prices. We discuss the food-versus-biofuel trade-off associated with biofuel production and model the effects of biofuel production in markets for key crops and gasoline, showing that food consumers lose from biofuels but gasoline consumers enjoy substantial benefits. We also suggest ways to address the food-versus-biofuel debate.

Keywords
  • biofuel,
  • biotechnology,
  • ethanol,
  • food security,
  • food crops,
  • food prices
Publication Date
July 14, 2011
Citation Information
Deepak Rajagapol, Steven Sexton, Gal Hochman, David Roland-Holst, and David D. Zilberman. 2009. "Model estimates food-versus-biofuel trade-off" California Agriculture 63(4):199-201.