Abstract:The catalyst for this paper on biofuels and bioplastics was a newspaper report which appeared in January 2007. The report stated that maize prices on the Chicago Stock Exchange had hit an all-time high, while stocks were at their lowest level for ten years. The price rises and dwindling stocks were explained by the decision by President George W. Bush to cover 10% of the country's fuel consumption with ethanol. This marked the culmination of one of the most important trends in recent decades: to use agricultur… Show more
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