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“Food vs. Fuel” Controversy over Biofuels

“Food vs. Fuel” Controversy over Biofuels. Charles V. Fishel, CEO Abundant Biofuels Corporation September 19, 2008. Topics. Food vs. Fuel Debate Abundant Biofuels Corporation. Food vs. Fuel Debate. Food vs. Fuel. Diversion of agricultural land Deforestation Water contamination

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“Food vs. Fuel” Controversy over Biofuels

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  1. “Food vs. Fuel” Controversy over Biofuels Charles V. Fishel, CEO Abundant Biofuels Corporation September 19, 2008

  2. Topics • Food vs. Fuel Debate • Abundant Biofuels Corporation.

  3. Food vs. Fuel Debate

  4. Food vs. Fuel • Diversion of agricultural land • Deforestation • Water contamination • Increasing fuel costs stimulate poverty.

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  6. http://www.ipni.net/ppiweb/seasia.nsf/$webindex/8a9bfe4787b287eb4825701b000f8aba!OpenDocument&TableRow=1.1#1.http://www.ipni.net/ppiweb/seasia.nsf/$webindex/8a9bfe4787b287eb4825701b000f8aba!OpenDocument&TableRow=1.1#1.

  7. Diversion of Agricultural Land • Corn and other feedstocks are caught in a tug-of-war between ethanol plants and food in response to: • high price of oil, • cost in lives and dollars of ensuring a supply of petroleum imports, and • limits on climate-warming emissions of fossil fuels. http://www.businessweek.com/magazine/content/07_06/b4020093.htm?chan=top+news_top+news+index_top+story

  8. Diversion of Agricultural Land USDA • Even if all U.S. corn were diverted into ethanol, • it would replace only about 12% of U.S. transportation fuel. http://www.washingtonpost.com/wp-dyn/content/article/2007/12/11/AR2007121101834.html

  9. Diversion of Agricultural Land • Eliminating gasoline entirely could require more than double today's 430 million acres of cropland • Bioenergy threatens to eclipse food, livestock feed, and all other uses "as the major driver of American agriculture.” http://www.businessweek.com/magazine/content/07_06/b4020093.htm?chan=top+news_top+news+index_top+story

  10. Increasing Fuel Costs Stimulate Poverty • Some farmers benefit from higher prices • But many poor countries are net grain importers • Poorest of poor spend >70% on food • About 1/3rd of sub-Saharan Africa is undernourished – living on less than $1/day • Proportion has barely changed since 1990s. http://www.washingtonpost.com/wp-dyn/content/article/2007/12/11/AR2007121101834.html International Food Policy Research Institute

  11. Deforestation • Demand for biofuels encourages deforestation in developing countries • U-Tube graphically illustrated clearing of Indonesian forests to increase palm oil production for biofuel. http://www.washingtonpost.com/wp-dyn/content/article/2007/12/11/AR2007121101834.html

  12. Indonesia ….

  13. Energy Inputs / Outputs

  14. 20 times more Output than energy input!!!

  15. Jatropha Curcas • Today, Jatropha is the only non-food feedstock for biodiesel • Grows in dry or poor soils • Pest resistant.

  16. Jatropha oil … burns cleaner than fossil fuels … [It] burns with 1/5th the emissions of conventional fuel. Washington Times, 2/21/2007 Jatropha is an arid oilseed crop with a 30 – 35% oil content Biodiesel Journal (May-June, 2007) An inedible … fruit could be the best thing that has happened to … biofuels The Produce News, 5/18/2007

  17. Abundant Biofuels Corporation People, Planet, Profits

  18. Target Countries Philippines Dominican Republic Colombia

  19. Abundant Biofuels’ Operating Principles

  20. Abundant Biofuels will not • Divert land from agricultural production • Engage in any deforestation • Will not use any water for irrigation.

  21. Social Impacts • Abundant Biofuels will • Pay more than UN 2015 Anti-Poverty goals • Provide health care to all employees and their families • Share profits with indigenous peoples.

  22. US Management Team Charles V. Fishel Rene Q. Lacsina James S. Love Gary L. Toms Kevin C. Smith Don Harcum

  23. Case Study: Philippines

  24. Philippines – 2.5 million acres Waste Oil / Grease Government 1,250,000 acres Lumad 1,250,000 acres

  25. Social Impacts • When fully planted (2.5 million acres) • ABC will employ 450,000 employees • Not employed at present.

  26. Carbon Sequestration

  27. Import Substitution • 2.5 million acres • Import substitution = $2 Billion

  28. Fertile egg; Embryonic chicken is ready to peck through shell Balut

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