What is the Social Value of Second Generation Biofuels?

dc.creatorHertel, Thomas W
dc.creatorSteinbuks, Jevgenijs
dc.creatorTyner, Wallace E.
dc.date2017-04-01T18:34:47Z
dc.date.accessioned2026-07-09T09:14:06Z
dc.descriptionWhat 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.
dc.identifierdoi:10.22004/ag.econ.204909
dc.identifierhttps://ageconsearch.umn.edu/record/204909/files/Valuing%20Second%20Generation%20Biofuels-submission-aaea.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/204909
dc.identifier.urihttp://hdl.handle.net/123456789/607011
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/204909
dc.titleWhat is the Social Value of Second Generation Biofuels?
dc.typeText

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