EconPapers    
Economics at your fingertips  
 

Looking towards policies supporting biofuels and technological change: Evidence from France

Virginie Doumax-Tagliavini and Cristina Sarasa

Renewable and Sustainable Energy Reviews, 2018, vol. 94, issue C, 430-439

Abstract: The increasing constraints on crude oil resources contribute to the emergence of liquid biofuels as an alternative for road transport fuels. The European Union (EU) Parliament called for a 7% limit on crop-based biofuels by 2030 and proposed increasing the incorporation target for advanced biofuels, within the proposals under discussion in relation to the post-2020 EU Renewable Energy Directive (RED II) by 2021–2030. The main objective of this work is to assess the economic impacts of the EU Parliament's decision concerning first generation biofuels. We also determine the conditions under which advanced biofuels could become available by examining the evolution of oil prices and public subsidies. We employ a recursive dynamic computable general equilibrium (CGE) model calibrated on the French economy. Advanced biofuels are modelled as latent technology and we include biofuel by-products. Our simulations provide guidelines for public decision-makers to design alternative fiscal policies to support biofuels in a context of regulatory uncertainty.

Keywords: CGE model; First generation biofuels; Second generation biofuels; Tax policy (search for similar items in EconPapers)
JEL-codes: C68 H23 Q16 O30 (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1364032118304568
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:rensus:v:94:y:2018:i:c:p:430-439

Ordering information: This journal article can be ordered from
http://www.elsevier.com/wps/find/journaldescription.cws_home/600126/bibliographic
http://www.elsevier. ... 600126/bibliographic

Access Statistics for this article

Renewable and Sustainable Energy Reviews is currently edited by L. Kazmerski

More articles in Renewable and Sustainable Energy Reviews from Elsevier
Bibliographic data for series maintained by Dana Niculescu ().

 
Page updated 2018-11-10
Handle: RePEc:eee:rensus:v:94:y:2018:i:c:p:430-439