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.
|Number of pages||4|
|Journal||Trends In Biotechnology|
|Publication status||Published - 1 Jan 2016|
- Oil Prices
- Second generation
- Production cost