CROPS FOR FOOD OR FUEL: AN ESTIMATE OF THE TRADEOFF

Jerry A. Sharples

No 279387, 1981 Annual Meeting, July 26-29, Clemson, South Carolina from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: In the next few years, major expansion of the production of ethanol from grain could take place. With current technology and government subsidies, ethanol is economically competitive for use as an automotive fuel. The limiting factor to growth likely will be plant capacity. Projections indicate that annual production capacity could reach two billion gallons in several years (Tyner, and Meekhof, Gill and Tyner). Production of two billion gallons would use 770 million bushels of corn--equivalent to the corn production of Nebraska in recent years.

Keywords: Resource/Energy; Economics; and; Policy (search for similar items in EconPapers)
Pages: 14
Date: 1981-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea81:279387

DOI: 10.22004/ag.econ.279387

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