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Bioenergy by Anju Dahiya

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Chapter 31

Economics of Ethanol and Biodiesel

Bob Parsons     Department of Community Development and Applied Economics, University of Vermont, Burlington, USA

Abstract

The growing interest in biofuels is driven by political, economic, environmental, and ethical forces. Characteristically, there are both proponents and opponents on each of the driving forces. For one, economics, it would seem that the numbers should do the talking, and any analysis should be fairly direct and give a story. However, as in many of the arguments about biofuels, there is more than meets the eye because there are far-reaching implication that many do not realize, and any economic analysis greatly depends on the assumptions that mold the analysis. There are economic associations ...

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