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Ten strikes and still not out

Posted on September 03, 2008

By biodiversivistAccording to this article in Mongabay, a study from a British think tank is calling for an end to subsidies for biofuels based on -- not biodiversity loss and high food prices -- cost effectiveness. The economics is startling -- if developed countries spent the same amount of money on preventing deforestation and the destruction of peatlands as they do on biofuel subsidies (US $15 billion), this would halve the total costs of tackling climate change. In addition to this, the protection of these habitats yields a plethora of valuable eco-system services, particularly in the po...

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biofuel , biofuels , british , climate change , ethanol , renewables , study , subsidies