Integrating biofuels into the DART model

Bettina Kretschmer, Sonja Peterson () and Adriana M. Ignaciuk

No 1472, Kiel Working Papers from Kiel Institute for the World Economy (IfW Kiel)

Abstract: Biofuels and other forms of bioenergy have received increased attention in recent times: They have partly been acclaimed as an instrument to contribute to rural development, energy security and to fight global warming but have been increasingly come under attack for their potential to contribute to rising food prices. It has thus become clear that bioenergy cannot be evaluated independently of the rest of the economy and that national and international feedback effects are important. In this paper we describe how the CGE model DART is extended to include first-generation biofuel production technologies. DART can now be used to assess the efficiency of combined climate and bioenergy policies. As a first example the effects of a 10% biofuel target in the EU are analyzed.

Keywords: Biofuels; CGE model; climate policy; EU (search for similar items in EconPapers)
JEL-codes: D58 Q48 Q54 (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:zbw:ifwkwp:1472

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