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| Author: | Walsh, M. E. (et al.) |
| Title: | Bioenergy crop production in the United States: potential quantities, land use changes, and economic impacts on the agricultural sector |
| Journal: | Environmental and Resource Economics
2003 : APR, VOL. 24:4, p. 313-333 |
| Index terms: | Bio-technology Energy Agriculture USA |
| Language: | eng |
| Abstract: | Traditional crops prices are estimated to increase 9 to 14 percent above baseline prices and farm income increases annually by US 46.0 billion above baseline. At farmgate prices of US $1.83/GJ, an estimated 7.9 million hectares of bioenergy crops, annually yielding 55 million dry Mg of biomass, could potentially be produced at a profit greater than existing agricultural uses for the land. The estimate assumes management practices intended to achieve high environmental benefits on Conservation Reserve Program lands. Traditinal crops prices are estimated to increase 4 to 9 percent above baseline prices and farm income increases annually by US $2.8 billion above baseline. |
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