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Integrating Biofuels into the DART Model: Analysing the Effects of the EU 10% Biofuel Target

Authors

  • Bettina Kretschmer
  • Sonja Peterson
  • Adriana Ignaciuk
Publication Date

Biofuels and other forms of bioenergy have received increased attention in recent times: They have partly been acclaimed as an instrument to contribute to rural development, energy security and to fight global warming but have been increasingly come under attack for their potential to contribute to rising food prices. It has thus become clear that bioenergy cannot be evaluated independently of the rest of the economy and that national and international feedback effects are important. In this paper we describe how the CGE model DART is extended to include first-generation biofuel production technologies. DART can now be used to assess the efficiency of combined climate and bioenergy policies. As a first example the effects of a 10% biofuel target in the EU are analyzed.

Kiel Institute Expert

Info

JEL Classification
D58, Q48, Q54

Key Words

  • biofuels
  • CGE model
  • climate policy

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