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Policies to Facilitate Conversion of Millions of Acres to the Production of Biofuel Feedstock

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Author Info

  • Epplin, Francis M.
  • Haque, Mohua
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    Abstract

    First-generation grain ethanol biofuel has affected the historical excess capacity problem in U.S. agriculture. Second-generation cellulosic ethanol biofuel has had difficulty achieving cost-competitiveness. Third-generation drop-in biofuels are under development. If lignocellulosic biomass from perennial grasses becomes the feedstock of choice for second- and third-generation biorefineries, an integrated system could evolve in which a biorefinery directly manages feedstock production, harvest, storage, and delivery. Modeling was conducted to determine the potential economic benefits from an integrated system. Relatively low-cost public policies that could be implemented to facilitate economic efficiency are proposed.

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    File URL: http://purl.umn.edu/113532
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    Bibliographic Info

    Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.

    Volume (Year): 43 (2011)
    Issue (Month): 03 (August)
    Pages:

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    Handle: RePEc:ags:joaaec:113532

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    Web page: http://www.saea.org/jaae/jaae.htm
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    Related research

    Keywords: biomass; bio-oil; cellulosic; drop-in fuels; ethanol; land-lease contract; lignocellulosic; pyrolysis; switchgrass; Resource /Energy Economics and Policy; Q16; Q18; Q15; Q42;

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    References

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    1. Epplin, Francis M. & Clark, Christopher D. & Roberts, Roland K. & Hwang, Seonghuyk, 2007. "AJAE Appendix: Challenges to the Development of a Dedicated Energy Crop," American Journal of Agricultural Economics Appendices, Agricultural and Applied Economics Association, vol. 89(5), December.
    2. Tembo, Gelson & Epplin, Francis M. & Huhnke, Raymond L., 2003. "Integrative Investment Appraisal of a Lignocellulosic Biomass-to-Ethanol Industry," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(03), December.
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    Cited by:
    1. Debnath, Deepayan & Stoecker, Arthur L. & Epplin, Francis M., 2012. "Managing Expected Switchgrass Biomass Yield Variability by Strategically Selecting Land to Lease," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124230, Agricultural and Applied Economics Association.

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