This chapter provides an overview of international biofuels polices and their main impacts on food prices and land use. Global biofuel production has experienced a rapid growth by increasing from almost a zero level in 1970 to 29 billion gallons in 2011; the United States, the European Union, and Brazil account for around 90 percent of the global biofuels production. Biofuels policies are widely implemented in most developed and many developing countries; Most commonly used biofuels policy instruments are biofuel mandates and consumption subsidies (tax credit and tax exemption). These policies have two important implications: first, they determine biofuel prices, depending on which policy is binding; and, second, biofuels may have unintended effects on other markets. In particular, interlinkages between biofuels and agricultural production lead to food price responses and land use adjustments.

RAJCANIOVA Miroslava;  CIAIAN Pavel;  DRABIK Dusan; 

2015-02-02

Springer

JRC91868

978-1-4939-1446-3,   

http://link.springer.com/chapter/10.1007%2F978-1-4939-1447-0_18,    https://publications.jrc.ec.europa.eu/repository/handle/JRC91868,   

10.1007/978-1-4939-1447-0_18,