The report concludes that biofuels are not a complete, nor even the primary, solution to our transport fuel needs. They have the potential to play some role in meeting future energy demands. But since large-scale carbon displacement would require significant destruction of global forests, the benefits of biofuels would likely be outweighed by the costs with respect to forestry, agriculture markets, and economic hardship for the world’s poor.
This report was part of an ongoing collaboration between WRI and the Goldman Sachs Center for Environmental Markets.
Check for earlier Pacific Biofuel posts: http://pacbiofuel.blogspot.com/