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An Economic Analysis of a Major Bio-fuel Program Undertaken by OECD Countries

by Canada. Agriculture and Agri-Food Canada. Strategic Policy Branch. Research and Analysis Directorate

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Given the relatively low grain and oilseed prices faced by Canadian producers, there is considerable interest in stimulating prices by either reducing supplies or increasing demand. This analysis attempts to estimate the price impact of increasing the demand for bio-fuels (ethanol and bio- diesel) in OECD countries. The analysis presumes an incremental increase of 1% each year in the bio-fuel share of fuel over the period 1999 to 2006, and estimates the impact of the increase on agricultural commodity markets and farm income.

Genre: Technology & Engineering / Power Resources / Alternative & Renewable (fancy, right?)

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