| ID | 133290 |
| Title Proper | US biofuels subsidies and CO2 emissions |
| Other Title Information | an empirical test for a weak and a strong green paradox |
| Language | ENG |
| Author | Grafton, R Quentin ; Kompas, Tom ; Long, Ngo Van ; To, Hang |
| Publication | 2014. |
| Summary / Abstract (Note) |
Using energy data over the period 1981-2011 we find that US biofuels subsidies and production have provided a perverse incentive for US fossil fuel producers to increase their rate of extraction that has generated a weak green paradox. Further, in the short-run if the reduction in the CO2 emissions from a one-to-one substitution between biofuels and fossil fuels is less than 26 percent, or less than 57 percent if long run effect is taken into account, then US biofuels production is likely to have resulted in a strong green paradox. These results indicate that subsidies for first generation biofuels, which yield a low level of per unit CO2 emission reduction compared to fossil fuels, might have contributed to additional net CO2 emissions over the study period. |
| `In' analytical Note | Energy Policy Vol.68, May 2014: p.550-555 |
| Journal Source | Energy Policy Vol.68, May 2014: p.550-555 |
| Key Words | Biofuels ; Fossil fuels ; CO2 emissions ; Us Biofuels Subsidies ; Energy Consumption ; Energy and Environment ; Greenhouse Gas Emission |