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  • 1
    Language: English
    Pages: Online-Ressource (16 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Timilsina, Govinda R How Much Does an Increase in Oil Prices Affect the Global Economy?
    Abstract: A global computable general equilibrium model is used to analyze the economic impacts of rising oil prices with endogenously determined availability of biofuels to mitigate those impacts. The negative effects on the global economy are comparable to those found in other studies, but the impacts are unevenly distributed across countries/regions or sectors. The agricultural sectors of high-income countries, which are relatively energy intensive, would suffer more from rising oil prices than would those in lower-income countries, whereas the reverse is true for the impacts across manufacturing sectors. The impacts are especially strong for oil importers with relatively energy-intensive manufacturing and trade, such as India and China. Although the availability of biofuels does mitigate some of the negative impacts of rising oil prices, the benefit is small because the capacity of biofuels to economically substitute for fossil fuels on a large scale remains limited
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  • 2
    Language: English
    Pages: Online-Ressource (28 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Sinkala, Thomson Are Biofuels Economically Competitive with Their Petroleum Counterparts?
    Abstract: With increased global interest in biofuels, Zambia, a Sub-Saharan African country that entirely depends on imports for its petroleum supply, is planning to implement blending mandates for biofuels. But, a large number of issues-including production costs of biofuels, land requirements to meet the mandates, and environmental benefits-have not yet been explored. This study aims to contribute in filling this gap. It finds that depending on feedstock type, costs of ethanol production range from US
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  • 3
    Language: English
    Pages: Online-Ressource (64 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Gautam, Mahesh R Climate Change in the Himalayas
    Abstract: This paper reviews the literature on the potential biophysical and economic impacts of climate change in the Himalayas. Existing observations indicate that the temperature is rising at a higher rate in Nepal and Chinese regions of the Himalayas compared with rest of the Himalayas. A declining trend of monsoon in the western Indian Himalayas and an increasing trend in the eastern Indian Himalayas have been observed, whereas increasing precipitation and stream flow in many parts of Tibetan Plateau are noted. Glaciers in both the eastern and western Himalayas are mostly retreating, but the majority of the glaciers in Karakorum are either stable or advancing slowly. Expansion of glacier lakes is reported, with the highest rate in Nepal and Bhutan. Most literature predicts increases in temperature and monsoon precipitations and decreases in winter precipitations in the future thereby leading to monsoon flooding and increased sediments in stream flow. Available hydrological simulations indicate reduced rainfall and shrinkage of glacier thereby leading to shortage of water supply for power generation and irrigation in winter particularly in highly glaciated basins. Projected economic impacts of glacial lake outburst floods can be substantial on the developed river basin with infrastructures and population centers. However, there is a clear gap in knowledge of economic impacts of climate change in the Himalayas
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  • 4
    Language: English
    Pages: Online-Ressource (50 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: De Gorter, Harry An Economic Model of Brazil's Ethanol-Sugar Markets and Impacts of Fuel Policies
    Abstract: The lack of growth in the Brazilian sugarcane-ethanol complex since the 2008 financial crisis has been blamed on policies: lower mandate, holding gasoline prices below world levels, high fuel taxes, and inadequate fuel tax exemptions for ethanol. This paper develops an empirical model of the Brazilian fuel-ethanol-sugar complex to analyze the impacts of these policies. Unlike biofuel mandates and tax exemptions elsewhere, Brazil's fuel-ethanol-sugar markets and fuel policies are unique such that each policy, in theory, has an ambiguous impact on the market price of ethanol and hence on sugarcane and sugar prices. The results indicate two policies that seemingly help the ethanol industry do otherwise in reality: low gasoline taxes and high anhydrous tax exemptions lower ethanol prices. But higher mandates, hydrous ethanol tax exemptions, and gasoline prices had the expected impact of increasing ethanol and sugar prices. Eliminating Brazilian ethanol tax exemptions and mandates reduces ethanol prices by 21 percent. Observed changes in prices are explained by outward shifts in fuel transportation and sugar export demand curves, and bad weather reducing sugarcane supply
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  • 5
    Language: English
    Pages: Online-Ressource (25 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: De Gorter, Harry Should Zambia Produce Biodiesel from Soybeans?
    Abstract: Facing a huge fiscal burden due to imports of entire petroleum despite the availability of a surplus of agricultural land to produce biofuels, Zambia, a country in Sub-Saharan Africa, has recently introduced a biofuel mandate. But, a number of questions, particularly those related to the economics of biofuels, have not been fully investigated yet. Using an empirical model this study analyzes the economics of meeting the biodiesel mandate through soybean feedstock. The study finds that meeting the biodiesel mandate with biodiesel from soybeans would reduce social welfare because the country's soybean imports would cost more than the expected reduction in petroleum imports. However, if Zambia increases its domestic soybean supply along with its capacity to convert soybean to biodiesel, as well as oil yield, soybean based biodiesel is likely to be welfare-beneficial, even if biodiesel prices are above diesel prices. The study also finds that under current market prices and transportation costs and constraints, the same amount of biodiesel can be produced most cost-effectively with a tax exemption. A blend mandate would be less cost effective, while a biodiesel production subsidy represents the least efficient policy option
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  • 6
    Language: English
    Pages: Online-Ressource (39 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Boccanfuso, Dorothée Macroeconomic and Distributional Impacts of Jatropha-Based Biodiesel in Mali
    Abstract: Mali, a landlocked West African nation at the southern edge of the Sahara Desert, has introduced a program to produce biodiesel using jatropha curcas, a non-edible shrub widely available throughout the country by farmers for generations as a living fence for their gardens. The aim of the program is to partially substitute diesel, which is entirely supplied through imports, with domestic biodiesel produced from a feedstock that does not have any commercial value otherwise and thus has zero opportunity cost. This paper uses a computable general equilibrium model to investigate economy-wide and distributional impacts of large-scale jatropha production on different types of lands, and conversion of jatropha oil to biodiesel for domestic consumption. It assesses impacts on agricultural and other commodity markets, resource and factor markets, and international trade. The results are fed into a detailed household survey-based micro-simulation model to assess impacts on poverty and income distribution. The study finds that the expansion of jatropha farming would be beneficial in terms of both macroeconomic and distributional impacts as long as idle lands, which have been neither used for agriculture nor protected as forests, are utilized. However, if jatropha plantation is carried out on existing agriculture lands, the economy-wide impacts would be negative although it would still help reduce rural poverty
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  • 7
    Language: English
    Pages: Online-Ressource (52 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Malla, Sunil Household Cooking Fuel Choice and Adoption of Improved Cookstoves in Developing Countries
    Abstract: Improving access to affordable and reliable energy services for cooking is essential for developing countries in reducing adverse human health and environmental impacts hitherto caused by burning of traditional biomass. This paper reviews empirical studies that analyze choices of fuel and adoption of improved stoves for cooking in countries where biomass is still the predominant cooking fuel. The review highlights the wide range of factors that influence households' cooking fuel choices and adoption of improved stoves, including socioeconomic (access and availability, collection costs and fuel prices, household income, education and awareness), behavioral (food tastes, lifestyle), and cultural and external factors (indoor air pollution, government policies). The paper also summarizes the evidence on the significant adverse health impacts from exposure to indoor smoke, especially among women and young children. In low-income households, perceived health benefits of adopting improved stoves and financial benefits from fuel savings tend to be outweighed by the costs of improved stoves, even after accounting for the opportunity cost of time spent collecting biomass fuel. The paper identifies knowledge and evidence gaps on the success of policies and programs designed to scale up the adoption of improved cookstoves
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  • 8
    Language: English
    Pages: 1 Online-Ressource (26 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Hochman, Gal Fuel Efficiency Versus Fuel Substitution in the Transport Sector: An Econometric Analysis
    Abstract: The transport sector offers limited options to reduce greenhouse gas emissions as compared with other sectors, such as power generation and industrial sectors. To understand the potential reduction of energy consumption and associated emissions through fuel substitution or transportation service demand reduction, this study estimates own- and cross-price elasticities of various fuels used for transportation. The analysis shows, like many previous studies, that an increase in fuel prices would not have a large effect on transport sector carbon dioxide emissions, due to limited substitution possibilities among fuels for transportation. The study also finds that price-induced changes that lead to an increase in the rate of adoption of fuel-efficient vehicles would be more effective than a policy to cause fuel substitution
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