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  • 标题:From rise in B to fall in C? Global environmental impacts of biofuels
  • 本地全文:下载
  • 作者:Piroli, Giuseppe ; Rajcaniova, Miroslava ; Ciaian, Pavel
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2014
  • 出版社:Journal of Agribusiness
  • 摘要:This is the first paper that econometrically estimates the impact of rising Bioenergy production on global CO2 emissions. We apply a structural vector autoregression (SVAR) approach to time series from 1961 to 2009 with annual observation for the world biofuel production and global CO2 emissions. 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.
  • 关键词:Biofuels;C02 emissions;environmental impact;SVAR
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