Valuation of Environmental Considerations Associated with the Expansion of Ethanol Fuel Production from Corn and Biomass Materials

Higgins, Lindsey M.; Outlaw, Joe L.; Richardson, James W.
December 2007
Journal of Agricultural & Resource Economics;Dec2007, Vol. 32 Issue 3, p561
Academic Journal
Energy independence and environmental benefits are two possible advantages of switching to ethanol; however, there is heated debate concerning the environmental benefits. There are some negative environmental considerations associated with the expansion of ethanol production including net energy balance discrepancies, increased U.S. refineries, and the changing makeup of the U.S. agricultural industry. These considerations have not gone unnoticed. Many studies have completed analyses on the potential impacts that large-scale conversion to ethanol may have on the environment. This research reviews the economic and scientific literature on quantification and economic valuation of external environmental costs associated with the production of ethanol.


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