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Biofuels - At What Cost? Government support for ethanol and biodiesel in selected OECD countries
Biofuels - At What Cost? Government support for ethanol and biodiesel in selected OECD countries, provides an overview and analysis of subsidies to biofuels in Australia, Canada, the European Union, Switzerland and the United States.
The report arrives at a time of tremendous growth in biofuels production and consumption. Globally, ethanol production has grown at double-digit rates in each of the last four years. This expansion has not been solely in response to market forces; rather, government policies, such as subsidies and mandated use of biofuels, have been key factors.
“The problem, as we saw it, was that nobody was really monitoring the situation, at least in respect of the levels and effects of subsidies and trade barriers,” says David Runnalls, President of the International Institute for Sustainable Development.
