A Biomass Energy Production and Use Plan for the United States, 1983-90

U. S. Department of Agriculture and U. S. Department of Energy

No 307952, Agricultural Economic Reports from United States Department of Agriculture, Economic Research Service

Abstract: This report to the President and the Congress assesses the feasibility of achieving the Energy Security Act's goal of producing 8.4 billion gallons of alcohol per year--equal to 10 percent of all U.S. gasoline consumption--by 1990. The goal, though technologically attainable, is not economically feasible even under optimistic market scenarios because it would require $41 to $66 billion in Government subsidies over the 1983-90 period. A more realistic maximum potential, with existing subsidies, is 1.5 billion gallons of alcohol fuel per year.

Keywords: Agricultural and Food Policy; Crop Production/Industries; Production Economics; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 21
Date: 1983-11
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uerser:307952

DOI: 10.22004/ag.econ.307952

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