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Last update: 09.07.2011
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Study: Meeting biofuel goal may be costly
Source : upi.com
U.S. researchers say the goal of replacing 30% of petroleum consumption in the U.S. with biofuels by 2030 is attainable, but at a high price. Scientists at the University of Illinois say between 600 million and 900 million tons of biomass could be produced in 2030 at a price of $140 per ton while still meeting the country's demand for food from agriculture, a UI release reported Thursday. "Most studies consider costs in the range of $40 to $50 per ton, which is fine when we're talking about biomass production to meet near-term targets for cellulosic biofuel production", Madhu Khanna, a professor of agricultural and consumer economics, said. "But if we really want to get to the 30% replacement of gasoline, at least with the current technology, then that's going to be much more costly."
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2 March 2011 |
Study ::
Biofuels ::
United States & Canada
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Articles on the topic of biofuels (299 articles)
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