It seems like the social, scientific and economic case for biofuels is quite weak. Many biofuels barely cut emissions at all, and others can lead to rainforest destruction, drive up food prices, or prompt rich firms to drive poor people off their land to convert it to fuel crops.

http://environment.newscientist.com/channel/earth/mg19626343.800-is-the-biofuel-dream-over.html

http://www.newscientist.com/article/mg19726380.100-debunking-biofuel.html

Am I missing something? Is it all about "energy independence" from those who don't like our reliance on the Middle East for oil? Anything else to suggest that these stocks are supported by anything other than just hype?

 

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