In the push to achieve net-zero emissions, Canada’s rapid expansion of the biofuels sector could have negative consequences, as studies show that biofuels production leads directly to food price increases, an environmental economist says.
“There’s been a long-standing theme in the economics literature around ethanol and biofuels policy that there’s competition with the food supply,” said Ross McKitrick, an economics professor at the University of Guelph, in testimony before the House of Commons Standing Committee on Natural Resources on June 21.
