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The Future Role of Biofuels in the Asia-Pacific Region

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Author Info
Coyle, William T.
Armbruster, Walter J.
Abstract

There is growing interest in agriculture as a source of bio-fuels to replace petroleum-based transportation fuels. Ethanol production has more than doubled from 2000 to 2005 but still accounts for less than two percent of the world’'s transportation petrol supply. The future role of bio-fuels will be determined by continuation of high oil prices, availability of low cost feed stocks and favorable government policy. Possible government strategies include a strong policy commitment to reduce investment risk in the biofuel sector, public support for commercializing second generation biofuel, and accounting for country-specific agricultural and economic realities.

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File URL: http://purl.umn.edu/10412
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Publisher Info
Paper provided by Australian Agricultural and Resource Economics Society in its series 2007 Conference (51st), February 13-16, 2007, Queenstown, New Zealand with number 10412.

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Date of creation: 2007
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Handle: RePEc:ags:aare07:10412

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Related research
Keywords: Resource /Energy Economics and Policy;

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