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Economic Impacts of Ethanol Production in Georgia AgEcon
Flanders, Archie; Luke-Morgan, Audrey S.; Shumaker, George A.; McKissick, John C..
Capital costs to construct a conventional ethanol plant producing 100 million gallons per year are $170.593 million. Average annual net returns average $59.216 million with a 1% chance of annual net returns less than $0. Ethanol production stimulates total economic output of $314.221 million in the Georgia economy. Wages and benefits total $20.181 million for 408 jobs in Georgia. State and local governments derive a total of $4.572 million in tax revenues from ethanol production.
Tipo: Conference Paper or Presentation Palavras-chave: Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/34820
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FARM COMMODITY PAYMENT LIMITS: WHAT IMPACT WILL THEY HAVE ON THE ECONOMIC VIABILITY OF SOUTHEASTERN AGRICULTURE? AgEcon
Fletcher, Stanley M.; Luke-Morgan, Audrey S.; McCorvey, Allen E.; Richardson, James W..
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural and Food Policy.
Ano: 2003 URL: http://purl.umn.edu/35013
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The Economic Feasibility of Using Georgia Biomass for Electrical Energy Production AgEcon
Shumaker, George A.; Luke-Morgan, Audrey S.; McKissick, John C..
This study investigates the potential for using biomass for the production of electricity in Georgia. The volume, important characteristics, and delivered costs per unit of energy are estimated for various locally produced biomass. Production of synthetic fuels using both pyrolysis and gasification technologies is investigated as potential means for converting biomass into electricity. Capital and operating costs for each of these two technologies are projected across three different scales of production. Estimated costs per unit of electricity generated are determined. It appears, under the conditions modeled, these technologies are not cost competitive with currently used technologies. Significant subsidies would be needed to induce the adoption of these...
Tipo: Journal Article Palavras-chave: Bio-electricity; Bio-feedstocks; Biomass; Cost; Electricity; Agribusiness; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/90661
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