The policy objectives of a biofuel industry in Canada: an assessment

dc.contributor.authorLe Roy, Danny G.
dc.contributor.authorKlein, Kurt K.
dc.date.accessioned2016-07-07T21:35:26Z
dc.date.available2016-07-07T21:35:26Z
dc.date.issued2012
dc.descriptionOpen accessen_US
dc.description.abstractCanada has a huge stock of biomass resources, which provides a basis (and a temptation) for development of a major bio-fuels industry. Both federal and provincial governments have engaged in a wide array of subsidies, mandates, and other measures to stimulate production and consumption of biofuels. As a result, biofuels has become a growth industry in Canada with production of ethanol almost 10 times higher than it was ten years earlier. However, this has come at considerable cost to taxpayers. Increased biofuel production has resulted in minimal reduction in greenhouse gases, short run (but not long run) increases in net farm income (that benefited grain and oilseed producers but hurt livestock producers), large increases in the prices of farm land due to the higher grain and oilseed prices, and minimal impacts on rural economic diversification.en_US
dc.description.peer-reviewYesen_US
dc.identifier.citationLe Roy, D.G., & Klein, K.K. (2012). The policy objectives of a biofuel industry in Canada: as assessment. Agriculture, 2, 436-451. doi:10.3390/agriculture2040436en_US
dc.identifier.urihttps://hdl.handle.net/10133/4557
dc.language.isoen_CAen_US
dc.publisherM D P I A Gen_US
dc.publisher.departmentDepartment of Economicsen_US
dc.publisher.facultyArts and Scienceen_US
dc.publisher.institutionUniversity of Lethbridgeen_US
dc.subjectBiofuelen_US
dc.subjectCanadaen_US
dc.subjectPolicyen_US
dc.subjectEconomicsen_US
dc.titleThe policy objectives of a biofuel industry in Canada: an assessmenten_US
dc.typeArticleen_US
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