Landowners' Willingness to Supply Woody Biomass for Biofuel in West Alabama
Gilbert Adjoyi and
Ellene Kebede
Professional Agricultural Workers Journal (PAWJ), 2017, vol. 05, issue 01
Abstract:
The Concern for national energy security, rural development, and climate change has created a wider attention for biofuels from woody biomass in recent times. For instance, West Alabama is an area of interest for stakeholders regarding the production of woody biomass. Therefore, the main objective of this study was to examine landowners’ willingness to supply woody biomass for biofuel in West Alabama. A mail survey of randomly selected landowners was conducted in eight selected counties. The results indicated that the average forestland owner is male, between ages of 40 and 57, with an average of 27 years of land ownership. The probability that landowners would dedicate their non-forested land to loblolly pine for biofuel was higher for younger landowners, and increased with price and consequently profit. The results also showed that price support and tax incentives could encourage woody biomass production. Favorable and targeted policies could enhance the supply of woody biomass.
Keywords: Land Economics/Use; Public Economics; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pawjal:291864
DOI: 10.22004/ag.econ.291864
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