Abstract
This analysis is focused on the effect of the abrupt decline of oil prices on biofuels, particularly second-generation ethanol. The efforts to decrease the production costs of biofuels, especially cellu- losic ethanol (CE), will be greatly threatened if current oil prices remain low, especially since pro- duction is not slowing. Only huge state subsidies could alleviate this threat, but the challenge is to per- suade citizens that this sacrifice is worthwhile.
Original language | English |
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Pages (from-to) | 3-6 |
Number of pages | 4 |
Journal | Trends In Biotechnology |
Volume | 34 |
Issue number | 1 |
DOIs | |
Publication status | Published - 1 Jan 2016 |
Keywords
- Biofuels
- Ethanol
- Oil Prices
- Second generation
- Production cost