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Biofuels and Agriculture

In: The Handbook of Global Agricultural Markets

Author

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  • Luc Nijs

Abstract

Biofuels date back to the late 19th century, when ethanol was derived from corn and Rudolf Diesel’s first engine ran on peanut oil. Until the 1940s, biofuels were seen as viable transport fuels, but falling fossil-fuel prices stopped their further development. Interest in commercial production of biofuels for transport rose again in the mid-1970s, when ethanol began to be produced from sugarcane in Brazil and since the 1980s from corn in the United States. During the 1990s, the industrialized economies of North America and Europe actively pursued policies in support of domestic biofuel industries to achieve energy security, develop a substitute for fossil fuels, and support rural economies. More countries have since launched biofuel programs, and over 50 countries have adopted blending targets or mandates and several more have announced biofuel quotas for future years.1

Suggested Citation

  • Luc Nijs, 2014. "Biofuels and Agriculture," Palgrave Macmillan Books, in: The Handbook of Global Agricultural Markets, chapter 5, pages 142-148, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-30234-2_5
    DOI: 10.1057/9781137302342_5
    as

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