Key Messages and Facts
1. Biofuels and bioproducts are very positive for the environment in reducing
greenhouse gas emissions and reducing fossil energy usage.
2. Biofuels have had marginal effects on Canadian and international food price
increases since 2007. These small increases have been offset by the depressive
effect of fuel ethanol supply/supplementation on gasoline prices.
3. Recent price spikes will stimulate future agricultural development in developing
countries and depress future world grain prices.
4. Bioproducts represent an excellent opportunity to use excessive Canadian
agricultural productivity while addressing other societal goals.