Biofuel the effect of biofuels on corn prices

Biofuel within the next 20 should be available for American use. It’s all about getting the cars built to use biofuel and switching the gas station where they are available to the public use. Even though it may sound simple but that’s a lot of work and money to start doing things a different way. Therefore, this will affect the economy by decreasing some of the fossil fuel production, also reduce some use of greenhouse gas pollutant emission. The demand for biofuel can increase farm income. This could lead to biofuel yield lowering the Greenhouse gas emissions than gasoline over a 30-year time. However, biofuels can decrease the lifecycle of the Greenhouse gas emissions relative to conventional fuel. However, there will be a huge potential to decrease the greenhouse gas emissions relative to conventional fuels because Biofuel can be produced using marginal land. However, since biofuel has a huge demand for land, water, this include changes to land use patterns that may increase Greenhouse gas emissions, pressure on water resources, air and water pollution, and increased food costs. Therefore, biofuel has affect ongoing crisis by rising the food prices up by 75%. Coverting these crops to biofuels may lead to more land area to agriculture, increased use of polluting inputs, and higher food prices. Making food cost more can damaged a lot of people. People do not just go for some good prices but what they can find cheap. Changes in land use patterns may increase Greenhouse gas emissions by releasing carbon stocks to the atmosphere. Therefore, this can cause a huge problem for the ozone. However, our ozone is already going through enough stress why add more. This have turn pressure onto plant to make fuels to reduce emissions of greenhouse gases and reduce their dependence on imported oil. Rising the food prices have hit worldwide below the poverty lines. Did you know that one third of corn production is used to make biofuel as well as half of the vegetable oils? That is a lot of corn to produce for just biofuel. I found in my research that in 2013 study found projections for the effect of biofuels on corn prices in 2015 ranging from a 5 to a 53 percent increase. As well as I was looking forward in my research I found that The National Research Council’s 2011 report on the RFS included several studies finding a 20 to 40 percent increase in corn prices from biofuels during 2007 to 2009. If the numbers keep rising is biofuel even worth the change. This change would make a great impact on our economy but an even greater change in our pockets.