Will EU biofuel policies affect global agricultural markets

    Research output: Book/ReportReportProfessional

    Abstract

    This paper assesses the global and sectoral implications of the European Union Biofuels Directive (BFD) in a multi-region computable general equilibrium framework with endogenous determination of land supply. The results show that, without mandatory blending policies or subsidies to stimulate the use of biofuel crops in the petroleum sector, the targets of the BFD will not be met in 2010 and 2020
    Original languageEnglish
    Place of PublicationDen Haag
    PublisherLEI
    Number of pages37
    Publication statusPublished - 2008

    Publication series

    NameWorking paper / Agricultural Economics Research Institute

    Keywords

    • fuels
    • fuel crops
    • agricultural economics
    • european union
    • eu regulations
    • cap
    • trade liberalization
    • biomass production
    • world markets
    • biofuels
    • biobased economy

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