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原文传递 Increasing Biofuel Proliferation via the Optimal Use of Government Incentives
题名: Increasing Biofuel Proliferation via the Optimal Use of Government Incentives
正文语种: 英文
作者: Meltem Denizel;Yoshinori Suzuki;Christopher Anderson
作者单位: Ivy College of Business, Iowa State University
关键词: Biofuel;transportation;sustainability;optimization
摘要: With the increasing public awareness on global warming, the demand for low greenhouse gas emission (GHG) transportation fuel, such as biofuel, is growing rapidly. In the Un让cd States, like many other countries, the government is providing monetary incentives for biofuel displacement of fossil fuel. From the standpoint of biofuel proliferation, it is important that biofuel producers utilize these incentives in the most effective way, because better utilizations of incentives will lead to reduced costs for producers, which in turn will lower biofuel retail prices. Currently, however, biofuel producers are not taking full advantage of these incentives. This industry note introduces a new approach that allows US biofuel producers to improve their practice of using an incentive program called the LCFS (California Low Carbon Fuel Standard). Our method, which is relatively simple, is based on a recent research project conducted with a biofuel manufacturing firm, which aimed to maximize the benefit gained from the LCFS incentive program. We show, by performing numerical experiments with realistic settings, that the method matches or outperforms the current practice in terms of maximizing gains extracted from the incentive program, under all conditions.
出版日期: 2020.11-12
出版年: 2020
期刊名称: Transportation Journal
卷: Vol59
期: No04
页码: 399-419
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