Biofuel from Jatropha curcas: Environmental sustainability and option value

Ecological Economics

Volumn 78, Issue , 2012, Pages 1-8

  Basili, Marcello ^a   Fontini, Fulvio ^b  

^a UNIVERSITY OF SIENA   (Italy)

^b UNIVERSITY OF PADOVA   (Italy)

Author keywords

Biofuel; Jatropha curcas; Real option value

Indexed keywords

BIOFUEL; COST-BENEFIT ANALYSIS; CULTIVATION; DICOTYLEDON; EDIBLE SPECIES; FOSSIL FUEL; GREENHOUSE GAS; NUMERICAL MODEL; SHRUB; SUSTAINABILITY; TROPICAL REGION;

KENYA;

JATROPHA CURCAS;

EID: 84861456335     PISSN: 09218009     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ecolecon.2012.03.010     Document Type: Article

References (36)

1. Achten W.M.J., Verchot L., Franken Y.J., Mathijs E., Singh V.P., Aerts R., Muys B. Jatropha bio-diesel production and use. Biomass and Bioenergy 2008, 32:1063-1084.
2. Agarwal D., Agarwal A. Performance and emissions characteristics of Jatropha oil (preheated and blends) in a direct injection compression ignition engine. Applied Thermal Engineering 2007, 27:2314-2323.
3. Ariza-Montobbio P., Lele S. Jatropha plantations for biodiesel in Tamil Nadu, India: viability, livelihood trade-offs, and latent conflict. Ecological Economics 2010, 70:189-195.
4. Becker K., Makkar H.P.S. Jatropha curcas: a potential source for tomorrow's oil and biodiesel. Lipid Technology 2008, 20:104-107.
5. Bjerksund P., Stensland G. Closed form approximation of American options. Scandavian Journal of Management 1993, 9:87-99.
6. Bryan B., King D., Wang E. Biofuels agriculture: landscape-scale trade-offs between fuel, economics, carbon, energy, food, and fiber. GCB Bioenergy 2010, 2:330-345.
7. Bryan B., King D., Wang E. Potential of woody biomass production for motivating widespread natural resource management under climate change. Land Use Policy 2010, 27:713-725.
8. Chen B., Landsman-Roos N., Naughton R., Olenyk K. Jatropha curcas L.: biodiesel solution or all hype? A scientific, economic and political analysis of the future energy crop. Working paper, Energy and Energy Policy 2008, University of Chicago.
9. 2O release from agro-biofuel production negates global warming reduction by replacing fossil fuels. Atmospheric Chemistry and Physics 2008, 8:389-395.
10. Danielsen F., Beukema H., Burgess N., Parish F., Bruhl C., Donald P., Murdiyarso D., Phalen B., Reijnders L., Struebig M., Fitzherbert E. Biofuel plantations on forested lands: double jeopardy for biodiversity and climate. Conservation Biology 2009, 23:348-358.
11. Dehue, B., Hettinga, W., 2008. Land Use Requirements of Different EU Biofuel Scenarios in 2020, Report n. PBIONL081533, Commissioned by: UK Department for Transport. Ecofys, Utrecht.
12. Dixit A., Pindyck R. Investment Under Uncertainty 1994, Princeton University Press, Princeton.
13. Fargione J., Hill J., Tilman D., Polasky S., Hawthorne P. Land clearing and the biofuel carbon debt. Science 2008, 319:1235-1238.
14. Francis G., Edinger R., Becker K. A concept for simultaneous wasteland reclamation, fuel production, and socio-economic development in degraded areas in India: need, potential and perspectives of Jatropha plantations. Natural Resources Forum 2005, 29:12-24.
15. GAIN GAIN report, vegetable oil sector. Global Agricultural Information Network, Report Number: KE9018, Nairobi, Kenya, June, 19 2009.
16. Gallagher E. Review of the Indirect Effects of Biofuels Production 2008, Renewable Fuels Agency, Available at http://www.renewablefuelsagency.org.
17. Henning R.K. Jatropha curcas L. in Africa - an Evaluation, Global Facilitation Unit for Underutilized Species (GFU) 2003, Deutsche Gesellschaft für Technische Zusammenarbeit (GTZ) GmbH, Weissensberg, Germany.
18. Jindal S., Nandwana B., Rathore N. Comparative evaluation of combustion, performance, and emissions of jatropha methyl ester and karanj methyl ester in a direct injection diesel engine. Energy & Fuels 2010, 24:1565-1572.
19. Kaushik N., Kumar K., Kumar S., Roy S. Genetic variability and divergence studies in seed traits and oil content of Jatropha (Jatropha curcas L.) accessions. Biomass Bioenergy 2007, 31:497-502.
20. Krichene N. Recent dynamics of crude oil prices. IMF Working Paper 2006, No. 06/299. International Monetary Fund (IMF).
21. Moura-Costa P.H. Tropical forestry practices for C sequestration. Dipterocarp Forest Ecosystems: Towards Sustainable Management 1996, World Scientific, NJ. A. Schulte, D. Schone (Eds.).
22. Ogunwole J.O., Chaudhary D.R., Ghosh A., Daudu C.K., Chikara J., Patolia J.S. Contribution of Jatropha curcas to soil quality improvement in a degraded Indian entisol. Acta Agriculturae Scandinavica, Section B - Plant Soil Science 2008, 58:245-251.
23. O'Hare M., Plevin R., Martin J., Jones A., Kendall A., Hopson E. Proper accounting for time increases cropbased biofuels' greenhouse gas deficit versus petroleum. Environmental Research Letters 2009, 4:1-7.
24. Openshaw K. A review of Jatropha curcas: an oil plant of unfulfilled promise. Biomass and Bioenergy 2000, 19:1-15.
25. Oxfam Another inconvenient truth. How biofuel policies are deepening poverty and accelerating climate change, Oxfam Briefing Paper, June 2008.
26. Paddock J.L., Siegel D.R., Smith J.L. Option valuation of claims on real assets: the case of offshore petroleum leases. Quarterly Journal of Economics 1988, 101:479-508.
27. Plevin R., O'Hare M., Jones M., Torn M., Gibbs H. Greenhouse gas emissions from biofuels' indirect land use change are uncertain but may be much greater than previously estimated. Environmental Science and Technology 2010, 44:8015-8021.
28. Prueksakorn K., Gheewala S.H. Energy and greenhouse gas implications of biodiesel production from Jatropha curcas L. Proceedings of the second joint international conference on Sustainable energy and environments, Bangkok 2006.
29. Romijn H. Land clearing and greenhouse gas emissions from Jatropha biofuels on African Miombo woodlands. Energy Policy 2011, 39:5751-5762.
30. Searchinger, Heimlich R., Houghton R.A., Dong F., Elobeid A., Fabiosa J., Tokgoz S., Hayes D., Yu T. Use of U.S. croplands for biofuels increased greenhouse gases through land-use change. Science 2008, 319:1238-1240.
31. Sharma D., Pandey A., Lata P. Use of jatropha curcas hull biomass for bioactive compost production. Biomass Bioenergy 2009, 33:159-162.
32. The Economist Seeing the Wood, September 25th-1st October 2010 2010.
33. Tilman D., Socolow R., Foley J.A., Hill J., Larson E., Lynd L., Pacala S., Reilly J., Searchinger T., Somerville C., Williams R. Beneficial biofuels - The food, energy and environment trilemma. Science 2009, 325:270-271.
34. Tobin, J., Fulford, D.J., 2005. Life Cycle Assessment of the production of biodiesel from Jatropha. Msc Dissertation, The University of Reading, UK.
35. Wiggins S., Fioretti E., Keane J., Khwaja J., McDonald S., Ley S., Srinivasan C.S. Review of the Indirect Effects of Biofuels, Economic Effects and Food Insecurity, - a Report to the Renewable Fuels Agency 2008, Overseas Development Institute, London, Available at http://www.renewablefuelsagency.org.
36. World Bank Rising Food Prices: Policy Options and World Bank Response 2008, The World Bank, Washington, DC.