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The Production and Consumption of Bio Fuels as the Energy of the Future

Author

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  • Alin Paul OLTEANU

Abstract

Ensuring the good functioning of the world economy, the rising trends of oil prices, as well as the strong awareness of environment protection issues, have brought the sustained promotion of alternative energy sources. Bio fuels, as possible substitutes for gasoline and diesel, have acquired a greater importance both in the scientific and the politic environments. A thorough analysis of the current global situation, of the production process from an economical perspective, of the main advantages deriving from the mass utilization of bio fuels, as well as of the main governmental policies, is, considering the EU membership of Romania and the instability of oil markets, necessary.

Suggested Citation

  • Alin Paul OLTEANU, 2007. "The Production and Consumption of Bio Fuels as the Energy of the Future," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 10(2), pages 57-68, December.
  • Handle: RePEc:rom:econmn:v:10:y:2007:i:2:p:57-68
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    More about this item

    Keywords

    Bio fuels; Investments in Bio Diesel; Bio Diesel Consumption; Market Share; Alternative Fuels; Cost of Production; Greenhouse Gas; Environment; Biothanol.;

    JEL classification:

    • L71 - Industrial Organization - - Industry Studies: Primary Products and Construction - - - Mining, Extraction, and Refining: Hydrocarbon Fuels
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • 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
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics

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