World trade in biomass is likely to increase in the years up to 2020 as imports are required to meet the demand created (directly or indirectly) by policy measures such as the EU Biofuels Directive. This paper assesses the macroeconomic consequences such large-scale trade for the exporting...

The production of biofuels and the establishment of a biofuels industry in South Africa have largely been hampered by the structure, procedures and requirements as set out in the Industrial Biofuel Strategy. This article sketches the industry by means of a game theoretic representation. A model...

The production of biofuels in many countries is largely driven by the government strategy and incentives that are in place. In South Africa the first round of the development of such a draft strategy took place in 2005 while the official stance on biofuels was finalized in December of 2007....

Biomass based energy production has attained a significant market share within the developing renewable energy market. In comparison to alternative renewable energy sources, biomass has several special features: it is not inexhaustible in the short term (limitation of arable land) and it is not...

In the context of ever-increasing petroleum prices combined with concerns about climate change, timing of adoption and rate of diffusion of land-based fuels and backstop technologies for transportation use are examined in this paper. A global model of land allocation joined with a Hotelling...

The paper presents an extended gravity equation application for the global trade with ethanol. The background and different attempts for a theoretical foundation of the standard approach are discussed. The econometric work takes regional integration schemes into account, as well as the influence...

This paper examines many of the forces reshaping world agriculture. Among these forces are increased trade liberalization, agricultural research and development, and new movements in developing countries. Worldwide agricultural production is likely to become more competitive as a result of...

Farmers’ Willingness to Grow Switchgrass as a Cellulosic Bioenergy Crop: A Stated Choice Approach Agriculture’s role as a source of feedstocks in a potential lignocellulosic-based biofuel industry is a critical economic issue. Several studies have assessed the technical feasibility of...

This paper presents an adjusted Faustmann Rule for optimal harvest of a forest in the presence of a social cost of carbon emissions. A contribution of the paper is to do this within theoretical and numerical frameworks that take account of the dynamics and interactions of the forest's multiple...

<Para ID="Par1">U.S. energy policy has seen a dramatic shift toward renewable fuels within the last 10 years. While much research has been conducted in regards to U.S. biofuel policies, a significant arena of debate has been neglected. A key argument in favor of domestic biofuel production is that it is a...</para>