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Economics of Biofuels: An Overview of Policies, Impacts and Prospects

Bio-based and Applied Economics

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Title Economics of Biofuels: An Overview of Policies, Impacts and Prospects
 
Creator Moschini, GianCarlo; Università di Bologna
Cui, Jingbo
Lapan, Harvey
 
Subject biodiesel; biofuel policies; ethanol; greenhouse gas emissions; mandates
Q2; H2; F1
 
Description This paper provides an overview of the economics of biofuels. It starts by describing the remarkable growth of the biofuel industry over the last decade, with emphasis on developments in the United States, Brazil and the European Union, and it identifies the driving role played by some critical policies. After a brief discussion of the motivations that are commonly argued in favor of biofuels and biofuel policies, the paper presents an assessment of the impacts of biofuels from the economics perspective. In particular, the paper explains the basic analytics of biofuel mandates, reviews several existing studies that have estimated the economic impacts of biofuels, presents some insights from a specific model, and outlines an appraisal of biofuel policies and the environmental impacts of biofuels. The paper concludes with an examination of several open issues and the future prospects of biofuels.
 
Publisher Bio-based and Applied Economics
Bio-based and Applied Economics
 
Contributor —
 
Date 2012-09-08
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
—
 
Format application/pdf
 
Identifier http://www.fupress.net/index.php/bae/article/view/11143
http://www.fupress.net/index.php/bae/article/download/11143/11703
10.13128/BAE-11143
 
Source Bio-based and Applied Economics; Vol 1, No 3 (2012): Towards a Sustainable Bio-economy: economic issues and policy challenges; 269-296
Bio-based and Applied Economics; Vol 1, No 3 (2012): Towards a Sustainable Bio-economy: economic issues and policy challenges; 269-296
2280-6172
2280-6180
 
Language eng
 
Relation 10.13128/BAE-11143