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The food v. fuel debate: A nuanced view of incentive structures

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  • Srinivasan, Sunderasan

Abstract

The rapid rise in crude oil prices and the geo-political uncertainty associated with ensuring uninterrupted supplies have compelled researchers, economists and politicians to look for indigenous substitutes. Liquid biofuels – ethanol and biodiesel – are widely recognized, technically feasible alternatives. Even as the jury is out to determine the environmental footprint of biofuels, the surrounding frenzy has often led to the announcement of unsustainable support prices for feedstock and unviable procurement prices for the finished product. This paper makes a detailed assessment of incentive structures facing the agriculturists, refiners and the consumers. Data from the Indian market are employed to illustrate.

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  • Srinivasan, Sunderasan, 2009. "The food v. fuel debate: A nuanced view of incentive structures," Renewable Energy, Elsevier, vol. 34(4), pages 950-954.
    • Handle: RePEc:eee:renene:v:34:y:2009:i:4:p:950-954
    DOI: 10.1016/j.renene.2008.08.015
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    2. Sarin, Amit & Singh, N.P. & Sarin, Rakesh & Malhotra, R.K., 2010. "Natural and synthetic antioxidants: Influence on the oxidative stability of biodiesel synthesized from non-edible oil," Energy, Elsevier, vol. 35(12), pages 4645-4648.
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    13. Talebian-Kiakalaieh, Amin & Amin, Nor Aishah Saidina & Mazaheri, Hossein, 2013. "A review on novel processes of biodiesel production from waste cooking oil," Applied Energy, Elsevier, vol. 104(C), pages 683-710.
    14. Lu, Lu & Jiang, Dong & Fu, Jingying & Zhuang, Dafang & Huang, Yaohuan & Hao, Mengmeng, 2014. "Evaluating energy benefit of Pistacia chinensis based biodiesel in China," Renewable and Sustainable Energy Reviews, Elsevier, vol. 35(C), pages 258-264.
    15. Ajanovic, Amela & Haas, Reinhard, 2014. "On the future prospects and limits of biofuels in Brazil, the US and EU," Applied Energy, Elsevier, vol. 135(C), pages 730-737.
    16. Bardhan, Soubhik K. & Gupta, Shelaka & Gorman, M.E. & Haider, M. Ali, 2015. "Biorenewable chemicals: Feedstocks, technologies and the conflict with food production," Renewable and Sustainable Energy Reviews, Elsevier, vol. 51(C), pages 506-520.
    17. Ashnani, Mohammad Hossein Mohammadi & Johari, Anwar & Hashim, Haslenda & Hasani, Elham, 2014. "A source of renewable energy in Malaysia, why biodiesel?," Renewable and Sustainable Energy Reviews, Elsevier, vol. 35(C), pages 244-257.
    18. Okolie, Jude A. & Nanda, Sonil & Dalai, Ajay K. & Berruti, Franco & Kozinski, Janusz A., 2020. "A review on subcritical and supercritical water gasification of biogenic, polymeric and petroleum wastes to hydrogen-rich synthesis gas," Renewable and Sustainable Energy Reviews, Elsevier, vol. 119(C).
    19. Esmaeili, Abdoulkarim & Shokoohi, Zainab, 2011. "Assessing the effect of oil price on world food prices: Application of principal component analysis," Energy Policy, Elsevier, vol. 39(2), pages 1022-1025, February.
    20. Cruz Jr., Jose B. & Tan, Raymond R. & Culaba, Alvin B. & Ballacillo, Jo-Anne, 2009. "A dynamic input-output model for nascent bioenergy supply chains," Applied Energy, Elsevier, vol. 86(Supplemen), pages 86-94, November.
    21. Lam, Man Kee & Lee, Keat Teong, 2012. "Potential of using organic fertilizer to cultivate Chlorella vulgaris for biodiesel production," Applied Energy, Elsevier, vol. 94(C), pages 303-308.
    22. Liao, Wenjie & Heijungs, Reinout & Huppes, Gjalt, 2011. "Is bioethanol a sustainable energy source? An energy-, exergy-, and emergy-based thermodynamic system analysis," Renewable Energy, Elsevier, vol. 36(12), pages 3479-3487.
    23. Valeria Costantini & Graziana Dizonno, 2010. "Bioenergy, Agriculture and the Developing Countries," QA - Rivista dell'Associazione Rossi-Doria, Associazione Rossi Doria, issue 1, March.

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