High-Value Renewable Energy from Prairie Grasses
Projected economic benefits of renewable energy derived from a native prairie grass, switchgrass, include nonmarket values that can reduce net fuel costs to near zero. At a farm gate price of $44.00/dry Mg, an agricultural sector model predicts higher profits for switchgrass than conventional crops...
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Published in | Environmental science & technology Vol. 36; no. 10; pp. 2122 - 2129 |
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Main Authors | , , , , , , |
Format | Journal Article |
Language | English |
Published |
Washington, DC
American Chemical Society
15.05.2002
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Subjects | |
Online Access | Get full text |
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Summary: | Projected economic benefits of renewable energy derived from a native prairie grass, switchgrass, include nonmarket values that can reduce net fuel costs to near zero. At a farm gate price of $44.00/dry Mg, an agricultural sector model predicts higher profits for switchgrass than conventional crops on 16.9 million hectares (ha). Benefits would include an annual increase of $6 billion in net farm returns, a $1.86 billion reduction in government subsidies, and displacement of 44−159 Tg/year (1 Tg = 1012 g) of greenhouse gas emissions. Incorporating these values into the pricing structure for switchgrass bioenergy could accelerate commercialization and provide net benefits to the U.S. economy. |
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Bibliography: | ark:/67375/TPS-9QGPJQB0-S istex:7EE6C5F93BB36A79C3CA710F87000B37CAC92C44 ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23 ObjectType-Article-1 ObjectType-Feature-2 DE-AC05-00OR22725 |
ISSN: | 0013-936X 1520-5851 |
DOI: | 10.1021/es010963d |