The Political Economy and Ecology of Biofuels

The huge increase in oil and other fuel prices over the last few years and a concern that we have reached (or will soon reach) peak oil—after which oil extraction begins to decrease—have created renewed interest in alternative sources of energy. These include solar, wind, ocean wave and tidal flow, geothermal, and biofuels. Sometimes lip service is given to the need for greater energy efficiency, changes in lifestyles (including the ecologically irrational over-reliance on automobiles and living far from one's job), the need to redesign economic activity from the factory floor to office buildings and homes, and the need for affluent societies to move away from ever higher levels of consumption. However, a radical analysis of actually putting these into effect would lead to questioning the very basics of how capitalism worksThis article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.