Food and energy crises are real global challenges and while both issues are inter related needing global solutions, there are essential differences between the two. The developing and the poor countries who are the least responsible for both the crises, are the ones experiencing their worst impact.
At present the biofuels sector is going through turmoil and some analysts question whether biofuels will be able to keep their promises. The eventual outcome will depend on the policies that countries have already put in place and those that may be implemented in the future. The purpose of this volume is to present possible scenarios for the biofuels industry.
The purpose of this guidebook is to serve as guidance for those interested in developing a land-use change and forestry projects and bioenergy projects under the Clean Development Mechanism (CDM) of the Kyoto Protocol. It also provides material on the voluntary markets.
One response to the threat of climate change would be to regulate the use of carbon fossil fuels with an externality tax or some other policy measure. Taxing fossil fuels would drive up the price of petroleum products, making alternative fuels more economically attractive. Yet, can alternative fuels compete without policy initiatives?
The national policy on bio-fuels approved by Ministry of New and Renewable Energy. Calls for bio-diesel production from non-edible oil seeds in waste /degraded / marginal lands and blending at least 20 percent biofuels in diesel and petrol by 2017.
The alcohol-based chemical industry, representing companies such as Jubilant Organosys and India Glycols, among others, believes the recent Cabinet decision to continue the order on five per cent mandatory ethanol blending with petrol is not realistic.
