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Implications of a Future Global Biofuels Market for Economic Development and International Trade



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HARVARD UNIVERSITY JOHN F KENNEDY SCHOOL OF GOVERNMENT VE RI TAS Implications of a Future Global Biofuels Market for Economic Development and International Trade Report of the John F Kennedy School of Government Workshop on Biofuels May 9 2007 Henry Lee William Clark Robert Lawrence Gloria Visconti1 On May 9th 2007 Harvard University s John F Kennedy School of Government brought together experts from academia international institutions government and the private sector to explore possible implications of emerging global biofuels markets for economic development and international trade The workshop was convened by the Sustainability Science Program2 and the Environment and Natural Resources Program3 at Harvard University at the request of the Chair of the Global Bioenergy Partnership4 to advise GBEP and its members of present thinking on this topic and to inform future policy research efforts To maximize discussion and debate attendance at the workshop was by invitation only Individuals were invited in their private rather than institutional capacity Moreover participants agreed that what was said at the workshop would be not be attributed to any specific individual To convey the results of the discussion to a wider audience the conveners have prepared the present summary report It is our aim to use this report as a stepping stone to further policy dialogue and research Comments from readers are therefore invited I Background The workshop was motivated by the extremely rapid rise of interest in biofuels around the world This interest is reflected at the highest levels of policy with the United States President George W Bush announcing a goal of a 5 fold increase in biofuel use by 2017 and the European Union establishing a 10 binding minimum target for the share of biofuels in overall EU transport liquid fuel consumption by 2020 Brazil long a leader in the use of biofuels is considering a major increase in its capacity while countries as diverse as India Peru South



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