What is the Social Value of Second Generation Biofuels?

What are second generation (2G) biofuel technologies worth to global society? A dynamic, economic model is used to assess the impact on crops, livestock, biofuels, forestry, and environmental services, as well as GHG emissions of introducing 2G biofuels technology. Under baseline conditions, this to amounts to $64.2 billion at today’s population or an increase of roughly 0.3% in the valuation of the world’s land resources. Under GHG regulation this global valuation more than doubles, whereas a flat energy price scenario essentially eliminates the value of 2G technology to society.


Issue Date:
2015
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/204909




 Record created 2017-04-01, last modified 2017-08-28

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