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Food vs. Fuel Controversy over Biofuels
  • Charles V. Fishel, CEO
  • Abundant Biofuels Corporation
  • September 19, 2008

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Topics
  • Food vs. Fuel Debate
  • Abundant Biofuels Corporation.

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Food vs. Fuel Debate
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Food vs. Fuel
  • Diversion of agricultural land
  • Deforestation
  • Water contamination
  • Increasing fuel costs stimulate poverty.

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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
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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
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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
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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
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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/artic
le/2007/12/11/AR2007121101834.html
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Indonesia .
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Energy Inputs / Outputs
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Energy 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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Jatropha Curcas
  • Today, Jatropha is the only non-food feedstock
    for biodiesel
  • Grows in dry or poor soils
  • Pest resistant.

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Jatropha 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
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Abundant Biofuels Corporation
People, Planet, Profits
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Target Countries
Philippines
Dominican Republic
Colombia
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Abundant Biofuels Operating Principles
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Abundant Biofuels will not
  • Divert land from agricultural production
  • Engage in any deforestation
  • Will not use any water for irrigation.

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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.

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US Management Team
Rene Q. Lacsina
Charles V. Fishel
James S. Love
Gary L. Toms
Kevin C. Smith
Don Harcum
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Case Study Philippines
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Philippines 2.5 million acres
Waste Oil / Grease
Lumad 1,250,000 acres
Government 1,250,000 acres
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Social Impacts
  • When fully planted (2.5 million acres)
  • ABC will employ 450,000 employees
  • Not employed at present.

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Carbon 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

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Import Substitution
  • 2.5 million acres
  • Import substitution 2 Billion

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Balut
  • Fertile egg
  • Embryonic
  • chicken is ready to peck through shell

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Balut
  • Considered an aphrodisiac
  • ??????

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Datu Libukasan
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Any Questions?
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  • 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
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