Argentinean Federal Planning minister, Julio de Vido, revealed in New York the interest of the group lead by Hungarian financier and philanthropist George Soros in developing biofuels in Santa Fe province, Argentina. The investment would be “between 250 and 300 million dollars”, he informed after meeting with Soros’ son -Jonathan Soros-, and it would be oriented to produce bio-fuel from corn and sugar cane.
Campo de Caña en Montellano, Puerto Plata, República Dominicana.
Biofuels and social sustainability
Discussions about the advantages and disadvantages of biofuels often tend to focus on environmental aspects only (on the one hand green fuels like ethanol and biodiesel can mitigate climate change, but on the other their cultivation opens questions about soil and water resources, biodiversity, deforestation and reforestation).
Most often, the social aspects of this nascent energy sector are not taken into account at all. However, we think ‘social sustainability’ and even ‘social justice’ are just as important as ‘environmental sustainability’. Both can be fused into a synergy in the biofuels industry.