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• W1538940535 abstract "This is the first paper that econometrically estimates the impact of rising Bioenergy production on global CO2 emissions. We apply a structural vector autoregression (SVAR) approach to time series from 1961 to 2009 with annual observation for the world biofuel production and global CO2 emissions. We find that in the medium- to long-run biofuels significantly reduce global CO2 emissions: the CO2 emission elasticities with respect to biofuels range between −0.57 and −0.80. In the short-run, however, biofuels may increase CO2 emissions temporarily. Our findings complement those of life-cycle assessment and simulation models. However, by employing a more holistic approach and obtaining more robust estimates of environmental impact of biofuels, our results are particularly valuable for policy makers." @default.
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• W1538940535 date "2015-09-01" @default.
• W1538940535 modified "2023-10-18" @default.
• W1538940535 title "From a rise in B to a fall in C? SVAR analysis of environmental impact of biofuels" @default.
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• W1538940535 doi "https://doi.org/10.1016/j.rser.2015.04.133" @default.
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