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Handbook of Bioenergy Economics and Policy

Edited by Khanna, Madhu; Scheffran, Jürgen; Zilberman, David 
Springer  2010  



Hardcover  439 pp  ISBN 9781441903686      £105.00
  • Presents the latest research on the economics of land allocation between food and fuel and the current state of knowledge about feedstocks and technology
  • Examines bioenergy from a global perspective
  • Discusses the impact of bioenergy production on international trade and the environment
  • Puts forward the welfare and environmental effects of alternative policy interventions to support biofuel production
  • Offers not only fresh empirical research on controversial issues but also provides implications for industry and policy

Concerns about energy security, uncertainty about oil prices, declining oil reserves, and global climate change are fueling a shift towards bioenergy as a renewable alternative to fossil fuels. Public policies and private investments around the globe are aiming to increase local capacity to produce biofuels. A key constraint to the expansion of biofuel production is the limited amount of land available to meet the needs for fuel, feed, and food in the coming decades. Large-scale biofuel production raises concerns about food versus fuel tradeoffs, about demands for natural resources such as water, and about potential impacts on environmental quality.

The book is organized into five parts. The introductory part provides a context for the emerging economic and policy challenges related to bioenergy and the motivations for biofuels as an energy source. The second part of the handbook includes chapters that examine the implications of expanded production of first generation biofuels for the allocation of land between food and fuel and for food/feed prices and trade in biofuels as well as the potential for technology improvements to mitigate the food vs. fuel competition for land. Chapters in the third part examine the infrastructural and logistical challenges posed by large scale biofuel production and the factors that will influence the location of biorefineries and the mix of feedstocks they use. The fourth part includes chapters that examine the environmental implications of biofuels, their implications for the design of policies and the unintended environmental consequences of existing biofuel policies. The final part presents economic analysis of the market, social welfare, and distributional effects of biofuel policies.

Contents

Part I Introduction

1 Bioenergy Economics and Policy: Introduction and Overview , Madhu Khanna, Jürgen Scheffran, and David Zilberman
2 Are Biofuels the Best Use of Sunlight? , Gerald C. Nelson
3 Perennial Grasses as Second-Generation Sustainable Feedstocks Without Conflict with Food Production , Frank G. Dohleman, Emily A. Heaton, and Stephen P. Long
4 Present and Future Possibilities for the Deconstruction and Utilization of Lignocellulosic Biomass , Hans P. Blaschek, Thaddeus Ezeji, and Nathan D. Price

Part II Interactions Between Biofuels, Agricultural Markets and Trade

5 Price Transmission in the US Ethanol Market , Teresa Serra, David Zilberman, José M. Gil, and Barry K. Goodwin
6 Biofuels and Agricultural Growth: Challenges for Developing Agricultural Economies and Opportunities for Investment , Siwa Msangi, Mandy Ewing, and Mark Rosegrant
7 Prospects for Ethanol and Biodiesel, 2008 to 2017 and Impacts on Agriculture and Food , John (Jake) Ferris and Satish Joshi
8 The Global Bioenergy Expansion: How Large Are the Food-Fuel Trade-Offs? , Jacinto F. Fabiosa, John C. Beghin, Fengxia Dong, Amani Elobeid, Simla Tokgoz, and Tun-Hsiang Yu
9 Demand Behavior and Commodity Price Volatility Under Evolving Biofuel Markets and Policies, Seth Meyer and Wyatt Thompson

Part III Designing the Infrastructure for Biofuels

10 Optimizing the Biofuels Infrastructure: Transportation Networks and Biorefinery Locations in Illinois , Seungmo Kang, Hayri Önal, Yanfeng Ouyang, Jürgen Scheffran, and Ü. Deniz Tursun
11 The Capital Efficiency Challenge of Bioenergy Models: The Case of Flex Mills in Brazil , Peter Goldsmith, Renato Rasmussen, Guilherme Signorini, Joao Martines, and Carolina Guimaraes

Part IV Environmental Effects of Biofuels and Biofuel Policies

12 Could Bioenergy Be Used to Harvest the Greenhouse: An Economic Investigation of Bioenergy and Climate Change? , Bruce A. McCarl, Thein Maung, and Kenneth R. Szulczyk
13 A Simple Framework for Regulation of Biofuels, Deepak Rajagopal, Gal Hochman, and David Zilberman
14 Market and Social Welfare Effects of the Renewable Fuels Standard , Amy W. Ando, Madhu Khanna, and Farzad Taheripour
15 US-Brazil Trade in Biofuels: Determinants, Constraints, and Implications for Trade Policy , Christine Lasco and Madhu Khanna
16 Food and Biofuel in a Global Environment , Gal Hochman, Steven Sexton, and David Zilberman
17 Meeting Biofuels Targets: Implications for Land Use, Greenhouse Gas Emissions, and Nitrogen Use in Illinois , Madhu Khanna, Hayri Önal, Xiaoguang Chen, and Haixiao Huang
18 Corn Stover Harvesting: Potential Supply and Water Quality Implications , L.A. Kurkalova, S. Secchi, and P.W. Gassman

Part V Economic Effects of Bioenergy Policies

19 International Trade Patterns and Policy for Ethanol in the United States , Hyunok Lee and Daniel A. Sumner
20 The Welfare Economics of Biofuel Tax Credits and Mandates , Harry de Gorter and David R. Just
21 Biofuels, Policy Options, and Their Implications: Analyses Using Partial and General Equilibrium Approaches , Farzad Taheripour and Wallace E. Tyner
22 Welfare and Equity Implications of Commercial Biofuel , Fredrich Kahrl and David Roland-Holst
23 European Biofuel Policy: How Far Will Public Support Go? , Jean-Christophe Bureau, Hervé Guyomard, Florence Jacquet, and David Tréguer
24 Conclusions, Madhu Khanna

Index

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