National economic implications of substituting plant oils for diesel fuel
A regional field crop and national livestock econometric model (TECHSIM) was used to examine the impacts of diverting plant oils (cottonseed and soybeans) to use as a diesel fuel replacement. Two scenarios which represented a five and ten percent replacement of agriculture's diesel fuel use by plant oils were simulated. Producers shift into cotton and soybean production and out of corn, small grains and grain sorghum. Significant price shifts were estimated for cottonseed and soybean meal and oil, fed beef, pork and sheep. The annual reduction in social well being was estimated at about $.5 billion and over $1 billion for replacement of 5 and 10 percent, respectively of agricultural's diesel fuel use by plant oils. 2 figures, 4 tables.
- Research Organization:
- Texas A and M Univ., College Station
- OSTI ID:
- 5941936
- Report Number(s):
- CONF-820860-
- Journal Information:
- ASAE Publ.; (United States), Conference: International conference on plant and vegetable oils as fuels, Fargo, ND, USA, 2 Aug 1982
- Country of Publication:
- United States
- Language:
- English
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Related Subjects
09 BIOMASS FUELS
33 ADVANCED PROPULSION SYSTEMS
DIESEL FUELS
FUEL SUBSTITUTION
ECONOMIC IMPACT
VEGETABLE OILS
COTTON PLANTS
COTTONSEED OIL
CROPS
ECONOMICS
SOYBEAN OIL
SOYBEANS
ESTERS
FOOD
LIPIDS
OILS
ORGANIC COMPOUNDS
OTHER ORGANIC COMPOUNDS
PETROLEUM PRODUCTS
PLANTS
TRIGLYCERIDES
VEGETABLES
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