Economic Modeling of Bioenergy Crop Production and Carbon Emission Reduction in Illinois
Dhungana, Basanta Raj
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https://hdl.handle.net/2142/82990
Description
Title
Economic Modeling of Bioenergy Crop Production and Carbon Emission Reduction in Illinois
Author(s)
Dhungana, Basanta Raj
Issue Date
2007
Doctoral Committee Chair(s)
Khanna, Madhu
Department of Study
Agricultural and Consumer Economics
Discipline
Agricultural and Consumer Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, General
Language
eng
Abstract
These results have several policy implications. Carbon cap-and-trade policy, if adopted, is likely to create an incentive for biomass co-firing. Such a policy would reduce the significant amount of carbon emissions and help the State obtain a considerable share of renewable energy. The carbon incentives would significantly increase the farm profitability and could help power plants achieve the emission reduction at a reasonably low cost.
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