Biomass Supply for Biofuel Production: Estimates for the United States and Canada
Satish V. Joshi and
No 51427, Agricultural Economic Report Series from Michigan State University, Department of Agricultural, Food, and Resource Economics
The potential supply of biomass feedstocks in the US and Canada is estimated using a static supply function approach. Estimated total biomass available at a price of $100 per metric ton is 568 million metric tons in the US and 123 million tons in Canada, which together can displace 23-45 billion gallons of gasoline. Sufficient biomass, mainly agricultural and mill residues, will be available at prices of around $50/ton to meet the advanced biofuel mandates of the US Energy Independence and Security Act of 2007. The estimates of agricultural residue supply are very sensitive to the assumed fraction of residues that can be sustainably removed from the field, and the potential of municipal solid waste as a feedstock depends on which components can be economically converted into liquid biofuels.
Keywords: Crop Production/Industries; Demand and Price Analysis; Production Economics; Resource /Energy Economics and Policy (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:midaae:51427
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