Global management consultancy Arthur D. Little has produced a new report, 'What future for biofuels?', that sets out how businesses in the biofuels sector can begin to assess the future pressures they might face - and how they can drive technological innovation and investment in a sustainable and profitable way.
The report argues that the key to achieving this goal is for businesses to develop a framework for assessing the sustainability of biofuel products and investment portfolios. It also examines ways in which they can overcome some of the challenges and barriers to the more widespread uptake of biofuels.
“Biofuels have gone from being the great hope for clean transport fuels of the future to being in the dock accused of causing deforestation and increases in food prices for the world's poorest people,” said Philip Webster, an author of the report and a consultant in Arthur D. Little's Technology & Innovation Management Practice.
“However, the potential remains for a sustainable biofuels industry to develop, supported by a delicately structured balance of strict social and environmental impact criteria, industry-imposed sustainability targets, and strategically aligned government incentives and regulation,” he said.
The report is now available for download at:
http://www.ethicalperformance.net/adl_biofuels.html
