Impacts of first-generation biofuels on agricultural prices
This figure outlines possible scenarios for the impact of biofuels on agricultural prices and food security. Although there are several factors that affect agricultural prices, including seasonal variation, market speculation,and extreme weather patterns, some biofuel development scenarios indicate a relationship between agricultural prices and biofuel production. Here, the scenario projects that the largest price increase will be for cereals, with the introduction of rst-generation biofuels triggering a price increase ranging from 8% to over 35%.
Year: 2012
From collection: Biofuels Vital Graphics - Powering Green Economy
Cartographer: Nieves Lopez Izquierdo