With a world that is becoming increasingly dependent on oil, it is no wonder that we are now being forced to think of new, alternative fuel options. In the US alone in 2008, we produced nine billion gallons of corn ethanol. But a pair of new studies published by Science are challenging that infact, the way we produce and use biofuels could potentially have the opposite effect of the one we meant. Steve Hamburg, the chief scientist for the Environmental Defense Fund commented that Biofuels can be an important part of the portfolio of climate-change activities...But we have to make sure we incentivize the right way, or we could end up with perverse outcomes.
With the ever-increasing threat of global warming, we need to make changes. Making the wrong changes, however, could potentially be worse than our current situation. I'm sure if we put our heads together, we'll think of something...
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