From a rise in B to a fall in C? Environmental impact of biofuels

Arbeitspapier

This is the first paper that econometrically estimates the impact of the rising Bioenergy production on the global CO2 emissions. We apply a structural vector autoregression (SVAR) approach to time series with annual observation for the world biofuel production and global CO2 emissions from 1961 to 2009. We find that in the medium- to long-run biofuels significantly reduce global CO2 emissions: the CO2 emission elasticities with respect to biofuels range between -0.57 and -0.80. In the short-run, however, biofuels may increase CO2 emissions temporarily (elasticity 0.57). Our findings complement those of life-cycle assessment and simulation models. However, by employing a more holistic approach and obtaining more robust estimates of environmental impact of biofuels, our results are particularly valuable for policy makers.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: EERI Research Paper Series ; No. 01/2014

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Semiparametric and Nonparametric Methods: General ; Single Equation Models; Single Variables: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes ; Model Construction and Estimation ; Computable and Other Applied General Equilibrium Models ; Agriculture: Aggregate Supply and Demand Analysis; Prices ; Agricultural Markets and Marketing; Cooperatives; Agribusiness ; Alternative Energy Sources ; Mathematical Methods
• Thema: Biofuels ; environmental impact ; SVAR

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Piroli, Giuseppe ; Rajcaniova, Miroslava ; Ciaian, Pavel ; Kancs, d'Artis
• Ereignis: Veröffentlichung
• (wer): Economics and Econometrics Research Institute (EERI)
• (wo): Brussels
• (wann): 2014

Weitere Informationen

• Handle: http://hdl.handle.net/10419/142665
• Letzte Aktualisierung: 10.03.2025, 11:42 MEZ