IDEAS home Printed from https://ideas.repec.org/a/ags/illufd/358377.html
   My bibliography  Save this article

Secondary Impacts from Rising Used Cooking Oil Demand on Crop-Oil Prices

Author

Listed:
  • Swanson, Andrew
  • Arita, Shawn
  • Cooper, Joseph
  • Meyer, Seth

Abstract

Renewable fuel policies like the national Renewable Fuel Standard (RFS) and California’s Low Carbon Fuel Standard (LCFS) have created a boom in the consumption of alternative diesels. These alternative diesels come in the form of biodiesel or renewable diesel, or biomass-based diesels (BBDs) as a group. National consumption of BBDs more than doubled from 2015 to 2023, and 70% of the diesel consumed in California comes from biofuels. BBDs hold the promise of emitting less greenhouse gas emissions than petroleum diesels without requiring major changes in heavy-duty engine technology like switching to battery technologies. Thus, BBDs could serve as a bridge technology away from petroleum fuels as battery and fuel-cell technology in the heavy-duty sector is not ready for mass adoption, and many industry leaders in agricultural states view the heavy-duty market as a growing source of demand for biofuels for decades to come.

Suggested Citation

  • Swanson, Andrew & Arita, Shawn & Cooper, Joseph & Meyer, Seth, 2024. "Secondary Impacts from Rising Used Cooking Oil Demand on Crop-Oil Prices," farmdoc daily, University of Illinois at Urbana-Champaign, Department of Agricultural and Consumer Economics, vol. 14(230).
    • Handle: RePEc:ags:illufd:358377
    DOI: 10.22004/ag.econ.358377
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/358377/files/fdd121924.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.358377?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:illufd:358377. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/dauiuus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.