The world food and energy prices are becoming increasingly linked. Food vs. fuel is the dilemma regarding the risk of diverting farmland or crops for biofuels production in detriment of the food supply on a global scale. One systemic cause for the price rise is held to be the diversion of food crops (maize in particular) for making first-generation biofuels. An estimated 100 million tonnes of grain per year are being redirected from food to fuel. The objectives of this study are firstly to build a simulation model, based on system dynamics approach, for not only analyzing the global food market but also forecasting the global food demand, production, and stock, and secondly to examine the food-energy links mechanism by analyzing biofuel related technology level and progress, expected biofuel demand and price, biofuel production capacity and facilities, and petroleum market mechanism. a causal link from the oil price to the biofuel demand is positive, meaning that an increase in the oil price results in an increase in the biofuel demand. There are several more positive links: a link from the biofuel demand to the biofuel price, a link from the biofuel price to the oil demand, and a link from the oil demand to the oil price.

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Date created

• 2009 July 26-2009 July 30

Type

• Document

Processing Activity

• Processing documentation available at: https://wiki.albany.edu/display/SCA/Processing+Ingested+Digital+Files

License

• Creative Commons BY-NC-ND Attribution-NonCommercial-NoDerivs 4.0 International

  
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ITEM CONTEXT

Part of

4818cb531cdd68d6ec6af3f291216fc7

Scope and Contents

Part of

b3584c6b53c3f58e0202549d7d851f84

Scope and Contents

Part of

23d738ba88f8333bc39725f9cb5bd0b8

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Collection

System Dynamic Society Records

Scope and Contents

Collecting area

• This collection is part of the University Archives