Impact of biofuels on economy presentation

Last Friday we had to present about some topics related to biofuels. First, Ugarte and Nuñez presented about the process of extraction and production. It was a really interesting presentation but some concepts were difficult to understand without previous knowledge.

Then, Gastó and I presented about the impact of biofuels on economy. We divided the impact into two great areas: a negative and a positive impact. Gastó talked first about the positive impact, mainly related to the jobs and income generated by biofuels. After him, I presented about the negative impact which is based on the raise of prices and the impossibility of poor families to afford food used for biofuels. Sugar cane, corn, soybean and agave are just some examples of crops that have raised in price. What really called our attention was the raise in the price of tortillas in mexico which has incremented as much as 400%.

Finally, Barriga and Reynolds presented about the effect of producing biofuels on land used for food or cattle.