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An important objective of the mandated blending of biofuel in conventional gasoline and diesel in the EU is reducing greenhouse gas (GHG) emissions. An important assumption thereby is that biofuels replace the production and consumption of oil. However, recent literature challenges this...
Persistent link: https://www.econbiz.de/10010906682
This paper assesses the macroeconomic impacts in terms of GDP, trade balance and employment of large-scale bioenergy production on surplus agricultural land. An input-output model is developed with which the direct, indirect and induced macroeconomic impacts of bioenergy production and...
Persistent link: https://www.econbiz.de/10008920169