OECD Round Table on Sustainable Development: Biofuels: Is the Cure Worse than the Disease?

Biofuels have been championed as an energy source that can increase security of supply, reduce vehicle emissions and provide a new income stream for farmers. However, some critics of biofuels say that they will increase energy-price volatility, food prices and even life-cycle emissions of greenhouse gases. This paper presents salient facts and figures to shed light on these controversial issues.