preview

Environmental And Social Consequences Of Oil Production

Better Essays

1. Introduction:
Biofuel has captured much of the attention of many countries around the world. To ensure future energy security and reduce global green house gas, several companies across the world are investing on biofuel production as a renewable alternative energy to co-exist with fossil fuel, which is now becoming scarce (Royal Society, 2008). BP is one of the significant producers of Biofuel, which is producing biofuel from sugarcane in Brazil. However, the expansion of biofuel production has raised the concern about the negative environmental and social consequences related to sustainability. It depends on how biofuel development is designed. Brazil has lot of positive experiences in biofuel production, yet debate is still continuing on negative impacts of ethanol production from sugarcane. Negative impact sometimes outweighs positive impacts (UN Energy, 2007). Land that are used for ethanol production cause loss of natural resources (Faaij and Dieperink, 2007) and affect food production in developing countries as land is used in different pattern for sugar cane production (Doornbosch, 2007). Number of sustainability standards as well as environmental and social policies has been developed over the years to minimize the risk of negative impact. For sustainable biofuel development, BP participates in different stakeholder activities such as Roundtable for Sustainable biofuel and better Sugarcane Initiative (Bonsuro). Effective management of stakeholders is critical to

Get Access