{"type": "FeatureCollection", "features": [{"id": "10.1016/j.rser.2011.07.118", "type": "Feature", "geometry": null, "properties": {"updated": "2026-04-13T16:17:02Z", "type": "Journal Article", "created": "2011-09-23", "title": "Biofuel Economics In A Setting Of Multiple Objectives And Unintended Consequences", "description": "This paper examines biofuels from an economic perspective and evaluates the merits of promoting biofuel production in the context of the policies\u2019 multiple objectives, life-cycle implications, pecuniary externalities, and other unintended consequences. The policy goals most often cited are to reduce fossil fuel use and to lower greenhouse gas emissions. But the presence of multiple objectives and various indirect effects complicates normative evaluation. To address some of these complicating factors, we look at several combinations of policy alternatives that achieve the same set of incremental gains along the two primary targeted policy dimensions, making it possible to compare the costs and cost-effectiveness of each combination of policies. For example, when this approach is applied to U.S.-produced biofuels, they are found to be 14 to 31 times as costly as alternatives like raising the gas tax or promoting energy efficiency improvements. The analysis also finds the scale of the potential contributions of biofuels to be extremely small in both the U.S. and EU. Mandated U.S. corn ethanol production for 2025 reduces U.S. petroleum input use by 1.75%, and would have negligible net effects on CO2 emissions; and although EU imports of Brazilian ethanol may look better given the high costs of other alternatives, this option is equivalent, at most, to a 1.20% reduction in EU gasoline consumption.", "keywords": ["Q42", "Q54", "Ethanol", "ddc:330", "Q48", "Indirect Land Use Change Effects", "02 engineering and technology", "7. Clean energy", "Biofuel", " Biodiesel", " Cost-Effectiveness", " Indirect Land Use Change Effects", " Net Energy", " Multiple Objectives", " Ethanol", " Ghg", "12. Responsible consumption", "Biofuel", "Net Energy", "13. Climate action", "jel:Q54", "jel:Q42", "11. Sustainability", "0202 electrical engineering", " electronic engineering", " information engineering", "jel:Q48", "Ghg", "Biodiesel", "Cost-Effectiveness", "Multiple Objectives"], "contacts": [{"organization": "William K. Jaeger, Thorsten M. Egelkraut, Thorsten M. 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In assessing this broad spectrum of proclaimed policy goals with the outcome of biofuel mandates, subsidies, import barriers, binary sustainability standards, and indirect land use measures, we identify many perverse and contradictory effects. Most importantly, we show how biofuel policies established the crop-energy price link and hence the food-fuel trade-off, the contradictory effects of combining mandates with different subsidies, the various surprising welfare economic effects, and the various inconsistencies associated with binary sustainability standards and carbon leakages. We conclude with examples of how biofuel policies have generated paradoxical effects in many other different dimensions.</p>", "keywords": ["2. Zero hunger", "biofuels", " mandates", " subsidies", " tariffs", " externalities", " greenhouse gases", " traffic congestion", " air pollution", " burden of taxation", " agriculture", " environment", " energy", "05 social sciences", "1. No poverty", "jel:H23", "7. 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