Policies to Facilitate Conversion of Millions of Acres to the Production of Biofuel Feedstock
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.
Volume (Year): 43 (2011)
Issue (Month): 03 (August)
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- Francis M. Epplin & Christopher D. Clark & Roland K. Roberts & Seonghuyk Hwang, 2007.
"Challenges to the Development of a Dedicated Energy Crop,"
American Journal of Agricultural Economics,
Agricultural and Applied Economics Association, vol. 89(5), pages 1296-1302.
- 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.
- 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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