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The economic and environmental sustainability of biofuel production

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  • Annalisa Zezza

Abstract

This paper analyses some of the determinants of biofuel economy in terms of relations with the fossil fuels markets and the agricultural markets. In particular, on the basis of the scientific literature the impact of fossil fuel prices on the agricultural markets is analyzed together with substitutability between food/fodder and biofuel production. The study then goes on to attempt evaluation of the environmental sustainability of biofuels on the basis of the energy balance, greenhouse gas reduction and other environmental effects. The paper concludes with some benefits and costs considerations on biofuel and the implications for policy-making.

Suggested Citation

  • Annalisa Zezza, 2007. "The economic and environmental sustainability of biofuel production," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 4, November.
    • Handle: RePEc:rar:journl:0064
    as

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    References listed on IDEAS

    as
    1. Delucchi, Mark, 2003. "A Lifecycle Emissions Model (LEM): Lifecycle Emissions from Transportation Fuels, Motor Vehicles, Transportation Modes, Electricity Use, Heating and Cooking Fuels, and Materials," Institute of Transportation Studies, Working Paper Series qt9vr8s1bb, Institute of Transportation Studies, UC Davis.
    2. Paul W. Gallagher & Daniel M. Otto & Mark Dikeman, 2000. "Effects of an Oxygen Requirement for Fuel in Midwest Ethanol Markets and Local Economies," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 22(2), pages 292-311.
    3. Gallagher, Paul W. & Otto, Daniel & Dikeman, Mike, 2000. "Effects of an Oxygen Requirement for Fuel in Midwest Ethanol Markets and Local Economies," Staff General Research Papers Archive 5244, Iowa State University, Department of Economics.
    4. Henke, Jan Michael & Klepper, Gernot & Schmitz, Norbert, 2003. "Tax exemption for biofuels in Germany: Is bio-ethanol really an option for climate policy?," Kiel Working Papers 1184, Kiel Institute for the World Economy (IfW Kiel).
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    More about this item

    Keywords

    Biofuels; Agricolture; Environmental Sustainability;
    All these keywords.

    JEL classification:

    • Q20 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - General
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q48 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Government Policy
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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