Policies for Second Generation Biofuels: Current status and future challenges
AbstractThis report reviews the current status of second generation biofuels. First generation biofuels continue to be substantially subsidized, and this has contributed to the increasing use of such fuel. However, recent studies claim that the future of biofuels lies in second generation biofuels, in particular biochemical ethanol made from cellulose. Thus, in this report we ask the following three questions: How far is second generation biofuels from being a competitive GHG abatement technology? Is it likely that first generation biofuels will bridge the development of second generation biofuels? Should trade policy be used to protect domestic infant second generation biofuels industry from import of low cost first generation biofuels from developing countries?
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Bibliographic InfoPaper provided by University of Gothenburg, Department of Economics in its series Working Papers in Economics with number 501.
Length: 29 pages
Date of creation: 18 May 2011
Date of revision:
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Postal: Department of Economics, School of Business, Economics and Law, University of Gothenburg, Box 640, SE 405 30 GÖTEBORG, Sweden
Phone: 031-773 10 00
Web page: http://www.handels.gu.se/econ/
More information through EDIRC
Biofuels; cellulosic ethanol; Second-generation; Subsidies; Trade policies;
Find related papers by JEL classification:
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- Q40 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - General
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