Economics of Biofuels: An Overview of Policies, Impacts and Prospects
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 poli...
Main Authors: | , , |
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Format: | Article |
Language: | English |
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Firenze University Press
2012-09-01
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Series: | Bio-based and Applied Economics |
Subjects: | |
Online Access: | https://oaj.fupress.net/index.php/bae/article/view/3229 |
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author | GianCarlo Moschini Jingbo Cui Harvey Lapan |
author_facet | GianCarlo Moschini Jingbo Cui Harvey Lapan |
author_sort | GianCarlo Moschini |
collection | DOAJ |
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. |
first_indexed | 2024-12-10T21:27:09Z |
format | Article |
id | doaj.art-dce696e1a58e4937bfb4f5f7c523afbf |
institution | Directory Open Access Journal |
issn | 2280-6180 2280-6172 |
language | English |
last_indexed | 2024-12-10T21:27:09Z |
publishDate | 2012-09-01 |
publisher | Firenze University Press |
record_format | Article |
series | Bio-based and Applied Economics |
spelling | doaj.art-dce696e1a58e4937bfb4f5f7c523afbf2022-12-22T01:32:57ZengFirenze University PressBio-based and Applied Economics2280-61802280-61722012-09-011310.13128/BAE-1114310142Economics of Biofuels: An Overview of Policies, Impacts and ProspectsGianCarlo Moschini0Jingbo CuiHarvey LapanUniversità di BolognaThis 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.https://oaj.fupress.net/index.php/bae/article/view/3229biodieselbiofuel policiesethanolgreenhouse gas emissions |
spellingShingle | GianCarlo Moschini Jingbo Cui Harvey Lapan Economics of Biofuels: An Overview of Policies, Impacts and Prospects Bio-based and Applied Economics biodiesel biofuel policies ethanol greenhouse gas emissions |
title | Economics of Biofuels: An Overview of Policies, Impacts and Prospects |
title_full | Economics of Biofuels: An Overview of Policies, Impacts and Prospects |
title_fullStr | Economics of Biofuels: An Overview of Policies, Impacts and Prospects |
title_full_unstemmed | Economics of Biofuels: An Overview of Policies, Impacts and Prospects |
title_short | Economics of Biofuels: An Overview of Policies, Impacts and Prospects |
title_sort | economics of biofuels an overview of policies impacts and prospects |
topic | biodiesel biofuel policies ethanol greenhouse gas emissions |
url | https://oaj.fupress.net/index.php/bae/article/view/3229 |
work_keys_str_mv | AT giancarlomoschini economicsofbiofuelsanoverviewofpoliciesimpactsandprospects AT jingbocui economicsofbiofuelsanoverviewofpoliciesimpactsandprospects AT harveylapan economicsofbiofuelsanoverviewofpoliciesimpactsandprospects |