Economists: current biofuel potential in Oregon may be costly and limited
Read the full post at Biopact.
With current technologies, the adoption of biofuels in Oregon could reduce the state’s fossil fuel use by less than one percent, but at a much higher cost to society than more direct approaches such as a gasoline tax or raising fuel economy standards. That is the conclusion of a basic study [*.pdf] published this week by the Oregon State University Extension Service. The results are more widely applicable to other regions in the US. The findings strengthen the case for those who press for international trade in biofuels based on interdependence instead of ‘resource nationalism’ and energy ‘independence’.