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Economic Potential of Biomass-Based Fuels for Greenhouse Gas Emission Mitigation AgEcon
Schneider, Uwe A.; McCarl, Bruce A..
Use of biofuels diminishes fossil fuel combustion, thereby also reducing net greenhouse gas emissions. However, subsidies are needed to make agricultural biofuel production economically feasible. To explore the economic potential of biofuels in a greenhouse gas mitigation market, we incorporate data on production and biofuel processing for the designated energy crops—switchgrass, hybrid poplar, and willow—in a U.S. Agricultural Sector Model, along with data on traditional crop-livestock production and processing, and afforestation of cropland. Net emission coefficients on all included agricultural practices are estimated through crop growth simulation models or are taken from the literature. We simulate potential emission mitigation policies or markets...
Tipo: Working or Discussion Paper Palavras-chave: Agricultural Sector Model; Alternative energy; Biofuel economics; Biomass power plants; Greenhouse gas emission mitigation; Short rotation woody crops; Switchgrass; Environmental Economics and Policy.
Ano: 2001 URL: http://purl.umn.edu/18420
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CELLULOSIC BIOFUELS ANALYSIS: ECONOMIC ANALYSIS OF ALTERNATIVE TECHNOLOGIES AgEcon
Rismiller, Craig W.; Tyner, Wallace E..
The passage of U.S. laws mandating and subsidizing advanced cellulosic biofuels may spur the development of a commercial cellulosic biofuels industry. However, a cellulosic industry will only develop if the overall economics including government incentives render investment in the sector attractive to private investors. This study compares the profitability of three biofuel production types: grain based ethanol, cellulosic biochemical ethanol, and cellulosic thermochemical biofuels. In order to compare the current profitability of each of the production types, the Biofuels Comparison Model (BCM) was developed. The BCM is a spreadsheet model that estimates the net present value (NPV) for each production type given input and output prices, technical,...
Tipo: Working or Discussion Paper Palavras-chave: Biofuels; Cellulosic biofuels; Corn ethanol; Biofuel economics; Resource /Energy Economics and Policy; Z42.
Ano: 2009 URL: http://purl.umn.edu/53583
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