Title:
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2Food vs. Fuel Controversy over Biofuels
- Charles V. Fishel, CEO
- Abundant Biofuels Corporation
- September 19, 2008
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4Topics
- Food vs. Fuel Debate
- Abundant Biofuels Corporation.
5Food vs. Fuel Debate
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7Food vs. Fuel
- Diversion of agricultural land
- Deforestation
- Water contamination
- Increasing fuel costs stimulate poverty.
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11 12 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?chantopnews_topnewsindex_topsto
ry
13 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/artic
le/2007/12/11/AR2007121101834.html
14 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?chantopnews_topnewsindex_topsto
ry
15 Increasing Fuel Costs Stimulate Poverty
- Some farmers benefit from higher prices
- But many poor countries are net grain importers
- Poorest of poor spend gt70 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/artic
le/2007/12/11/AR2007121101834.html
International Food Policy Research Institute
16Deforestation
- 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/artic
le/2007/12/11/AR2007121101834.html
17Indonesia .
18Energy Inputs / Outputs
19Energy Inputs / Outputs
- CORN
- Corn is just the first step
- Lousy raw material for fuel
- Producing 10 gallons of ethanol
- Consumes energy equivalent of about 7 gallons of
gasoline - Greenhouse gas reductions are minuscule.
http//www.businessweek.com/magazine/content/07_06
/b4020093.htm?chantopnews_topnewsindex_topsto
ry
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22Jatropha Curcas
- Today, Jatropha is the only non-food feedstock
for biodiesel - Grows in dry or poor soils
- Pest resistant.
23Jatropha oil burns cleaner than fossil fuels
It burns with 1/5th the emissions of
conventional fuel. Washington Times, 2/21/2007
Jatropha is an arid oilseed crop with a 30 35
oil content Biodiesel Journal (May-June, 2007)
An inedible fruit could be the best thing that
has happened to biofuels The Produce News,
5/18/2007
24 Abundant Biofuels Corporation
People, Planet, Profits
25Target Countries
Philippines
Dominican Republic
Colombia
26 Abundant Biofuels Operating Principles
27Abundant Biofuels will not
- Divert land from agricultural production
- Engage in any deforestation
- Will not use any water for irrigation.
28Social 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.
29US Management Team
Rene Q. Lacsina
Charles V. Fishel
James S. Love
Gary L. Toms
Kevin C. Smith
Don Harcum
30Case Study Philippines
31Philippines 2.5 million acres
Waste Oil / Grease
Lumad 1,250,000 acres
Government 1,250,000 acres
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33Social Impacts
- When fully planted (2.5 million acres)
- ABC will employ 450,000 employees
- Not employed at present.
34Carbon Sequestration
Acres Acres
Carbon per tree 8 kg 8 kg
Trees per acre Trees per acre 667
Tons of carbon per acre Tons of carbon per acre 5.32 metric tons
150,000 acres 798,000 metric tons 798,000 metric tons
2.5 million acres 13,300,000 metric tons 13,300,000 metric tons
35Import Substitution
- 2.5 million acres
- Import substitution 2 Billion
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51Balut
- Fertile egg
- Embryonic
- chicken is ready to peck through shell
52Balut
- Considered an aphrodisiac
- ??????
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54Datu Libukasan
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56Any Questions?
57- For further information, contact
Charles V. FishelAbundant Biofuels
Corporation98 Del Monte Ave., Suite
205Monterey, CA 93940T 831-224-8800F
831-401-2340cfishel_at_abundantbiodiesel.comwww.ab
undantbiodiesel.com