Harvard report cites biofuels importance
September 8, 2008
Harvard University's Kennedy School of Research released a report, "Biofuels and Sustainable Development," that concludes the development of sustainable biofuels requires a firm commitment to the renewable fuels standard as well as other biofuels incentives.
The report is based on a discussion on the impact of biofuels on the global environment and economy among 25 of the world's top experts on biofuels, economic development and ecology. "Despite pressure from biofuel critics, governments should avoid simplistic and precipitous changes in course such as rollback or moratoria on existing biofuels mandates or incentives," the report said.
The report urges governments to "initiate an orderly, innovation-enhancing transition toward incentives targeted on multi-dimensional goals for biofuels development. These goals should include poverty alleviation, reducing new greenhouse gas emissions, increasing use of non-food feedstocks, attaining sustainable biofuel production targets and conserving biodiversity."
Removing current mandates would have a "chilling effect on the nascent biofuel industry," the report said.
The report is based on a discussion on the impact of biofuels on the global environment and economy among 25 of the world's top experts on biofuels, economic development and ecology. "Despite pressure from biofuel critics, governments should avoid simplistic and precipitous changes in course such as rollback or moratoria on existing biofuels mandates or incentives," the report said.
The report urges governments to "initiate an orderly, innovation-enhancing transition toward incentives targeted on multi-dimensional goals for biofuels development. These goals should include poverty alleviation, reducing new greenhouse gas emissions, increasing use of non-food feedstocks, attaining sustainable biofuel production targets and conserving biodiversity."
Removing current mandates would have a "chilling effect on the nascent biofuel industry," the report said.
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