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Current Perspectives and Challenges of Biofuel Production and Consumption

Author

Listed:
  • VICTOR PLATON

    () (Institute of National Economy, Romanian Academy)

  • SIMONA FRONE

    () (Institute of National Economy, Romanian Academy)

  • ANDREEA CONSTANTINESCU

    () (Institute of National Economy, Romanian Academy)

  • SORINA JURIST

    () (Institute of National Economy, Romanian Academy)

Abstract

This is the first article in a series meant to identify secondary effects of fuel production and consumption.The article presents, in synthesis, the main ideas and contributions of the paper “Economic effects of biofuels production and consumption in Romania”, written by the authors in 2009 within the research programme of the Institute of National Economy: Economic-social mechanisms and policies of increasing environmental factors in accordance with the European and world programs for diminishing the effects of the world resources crisis. The paper pursues the adjustment process of fossil fuel consumption to the rigors of an economy aiming to diminish carbon-composites emissions in atmosphere. At the same time, it is a warning regarding the secondary effects that might occur from the overblown consumption and production of first-generation biofuel.

Suggested Citation

  • Victor Platon & Simona Frone & Andreea Constantinescu & Sorina Jurist, 2010. "Current Perspectives and Challenges of Biofuel Production and Consumption," Romanian Journal of Economics, Institute of National Economy, vol. 31(2(40)), pages 107-128, December.
  • Handle: RePEc:ine:journl:v:2:y:2010:i:40:p:107-128
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    File URL: http://www.revecon.ro/articles/2010-2/2010-2-6.pdf
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    References listed on IDEAS

    as
    1. Faaij, Andre P.C., 2006. "Bio-energy in Europe: changing technology choices," Energy Policy, Elsevier, vol. 34(3), pages 322-342, February.
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    More about this item

    Keywords

    biofuel; production potential; EU strategy for biofuels; subventions; secondary effects;

    JEL classification:

    • D60 - Microeconomics - - Welfare Economics - - - General
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation
    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics
    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy

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