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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Bibliographic Details
Published inEnvironmental science & technology Vol. 36; no. 10; pp. 2122 - 2129
Main Authors McLaughlin, S. B, de la Torre Ugarte, D. G, Garten, C. T, Lynd, L. R, Sanderson, M. A, Tolbert, V. R, Wolf, D. D
Format Journal Article
LanguageEnglish
Published Washington, DC American Chemical Society 15.05.2002
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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.
Bibliography:ark:/67375/TPS-9QGPJQB0-S
istex:7EE6C5F93BB36A79C3CA710F87000B37CAC92C44
ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
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DE-AC05-00OR22725
ISSN:0013-936X
1520-5851
DOI:10.1021/es010963d