Biofuels have the potential of playing an important role in the renewable energy sources panorama, ensuring the achievement of multiple goals such as security of supply, reduction of greenhouse gas (GHG) emissions, creation of green jobs, and development of business opportunities in the agricultural and rural sectors. The present paper applies a general equilibrium model, an extended version of the GTAP (Global Trade Analysis Project) model developed by Hertel, Tyner and Birur in 2010, in which an alternative closure has been adopted in order to analyze the combined impacts of the US and EU biofuels programs considering in particular the socio-economic effects on prices, employment and welfare in the European Union in 2015.
Impacts of Biofuels Policies in the EU / Padella, Monica; Finco, Adele; Tyner, W. E.. - In: ECONOMICS OF ENERGY AND ENVIRONMENTAL POLICY. - ISSN 2160-5882. - ELETTRONICO. - 1:3(2012), pp. 87-103. [10.5547/2160-5890.1.3.6]
Impacts of Biofuels Policies in the EU
PADELLA, MONICA;FINCO, Adele;
2012-01-01
Abstract
Biofuels have the potential of playing an important role in the renewable energy sources panorama, ensuring the achievement of multiple goals such as security of supply, reduction of greenhouse gas (GHG) emissions, creation of green jobs, and development of business opportunities in the agricultural and rural sectors. The present paper applies a general equilibrium model, an extended version of the GTAP (Global Trade Analysis Project) model developed by Hertel, Tyner and Birur in 2010, in which an alternative closure has been adopted in order to analyze the combined impacts of the US and EU biofuels programs considering in particular the socio-economic effects on prices, employment and welfare in the European Union in 2015.I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.
