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BIO-FUELS. Guilherme Leite da Silva Dias Joaquim José Martins Guilhoto Department of Economics, FEA University of São Paulo. Unsustainable growth cycle?. Unsustainable growth cycle?. Unsustainable growth cycle?. Unsustainable growth cycle?. Unsustainable growth cycle?. Biofuels & Food.
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BIO-FUELS Guilherme Leite da Silva Dias Joaquim José Martins Guilhoto Department of Economics, FEA University of São Paulo
Biofuels & Food Gás Petróleo Carvão Nuclear Hídrica Biomassa A oferta de energia cresceu vinte vezes entre 1850 e 2000.Combustíveis fósseis representavam 80 por cento do total em 2000 (Holdren,2007)
Is there a common ground for biofuels ? Rising Food Costs Global Warming Energy Crisis …different answers from different countries …..
How much should be paid for the raw material of a bio-fuel? Answer depends on the country`s liquid fuel price policy
How much should be paid for the raw material of a bio-fuel? July 2007, in Germany: Pump average price of diesel was US$ 1,62 per liter (current exchange rate) Assuming that the highest share for vegetable oil cost is 72% of pump price in order to warrant a good profit for industry and retailer, Highest price paid for soybean oil should be US$ 1,27 per kg. (0,92 kg of vegetable oil for 1 liter of biodiesel). US$ 1270 per metric ton of vegetable oil is not far from the future price in CBOT soon after the northern hemisphere harvest.
Source of Data • OECD Input-Output Matrices
Countries & Years • Argentina - 1997 • Brazil - 2000 • China - 2000 • India – 1998/99 • USA - 2000 • France - 2000 • Germany - 2000 • Japan - 2000
International Trade Bilateral Trade Agreements, seems to be more adequate than a multilateral approach.