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“Food vs. Fuel” Controversy over Biofuels
Charles V. Fishel, CEO
Abundant Biofuels CorporationSeptember 19, 2008
Topics
Food vs. Fuel Debate
Abundant Biofuels Corporation.
Food vs. Fuel Debate
Food vs. Fuel
Diversion of agricultural land
Deforestation
Water contamination
Increasing fuel costs stimulate poverty.
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.
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
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
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
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
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
Indonesia ….
Energy Inputs / Outputs
Energy Input : Energy Output
0
5
10
15
20
25
Inputs Outputs
Energy Input : Energy Output
0
5
10
15
20
25
Inputs Outputs
20 times more Output than
energy input!!!
Jatropha Curcas
Today, Jatropha is the only non-food feedstock for biodiesel Grows in dry or poor soilsPest resistant.
Jatropha is an arid oilseed crop with a 30 – 35% oil contentBiodiesel Journal (May-June, 2007)
An inedible … fruit could be the best thing that has happened to … biofuels
The Produce News, 5/18/2007
Jatropha oil … burns cleaner than fossil fuels … [It] burns with 1/5th the
emissions of conventional fuel.Washington Times, 2/21/2007
Abundant Biofuels Corporation
Target Countries
Philippines
Dominican Republic
Colombia
Abundant Biofuels’ Operating Principles
Abundant Biofuels will not
Divert land from agricultural production
Engage in any deforestation
Will not use any water for irrigation.
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.
US Management Team
Rene Q. Lacsina James S. LoveCharles V. Fishel
Gary L. Toms Kevin C. Smith Don Harcum
Case Study: Philippines
Lumad1,250,000 acres
Government1,250,000 acres
Philippines – 2.5 million acres
Waste Oil / Grease
Social Impacts
When fully planted (2.5 million acres)
ABC will employ 450,000 employees
Not employed at present.
Carbon Sequestration
Acres
Carbon per tree 8 kg
Trees per acre 667
Tons of carbon per acre 5.32 metric tons
150,000 acres 798,000 metric tons
2.5 million acres 13,300,000 metric tons
Import Substitution
2.5 million acres
Import substitution = $2 Billion
Balut
Fertile egg;
Embryonic
chicken is ready to peck through shell
Balut
Considered an aphrodisiac
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Datu Libukasan
Any Questions?
For further information, contact:
Charles V. FishelAbundant Biofuels Corporation
98 Del Monte Ave., Suite 205Monterey, CA 93940
T: 831-224-8800F: 831-401-2340
