"This bioeconomy is the future. It means good jobs and higher incomes and new reliable crop markets. It also means cleaner, renewable energy and a reduced demand for fossil fuels. And this could mean all the difference to the people of Africa and the developing world. It is for this reason that Africa urgently needs the assistance of the World Bank and other investors to provide scarce capital to build local biofuels projects," says South African Biofuels Association (Saba) president Andrew Makenete.
WWF SA trade and investment programme manager Peet du Plooy argues that biofuels feed cars and not people and have the following downturns:
- food security being threatened
- food prices increasing
- water consumption increasing
- deforestation taking place
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