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DOI10.1016/j.enpol.2021.112729
Consumers’ willingness to pay for second-generation ethanol in Brazil
Garcia T.C.; Durand-Morat A.; Yang W.; Popp M.; Schreckhise W.
发表日期2022
ISSN0301-4215
卷号161
英文摘要Although Brazil has great potential to commercially produce second-generation ethanol (E2G), almost all ethanol currently produced in Brazil is first-generation ethanol (E1G). Considering that Brazil does not have a federal mandate requiring increased deployment of E2G to meet their biofuel blending requirement, the extent to which a market for E2G emerges will depend in part on the potential premium consumers are willing to pay for E2G. This work summarizes a consumer survey about their willingness to pay (WTP) for E2G. The survey was conducted in 24 Brazilian states to assess how WTP for E2G is affected by respondents’ driving habits, knowledge about biofuels, acceptance of relevant biofuel policies, and demographic characteristics. Using dichotomous-choice contingent valuation, we found that, on average, Brazilian consumers are willing to pay an 8.5 percent premium for gasoline blended with E2G. We estimate that an 8.5 percent price premium is enough to use as much as 62.5 percent of E2G in the currently mandated E27 blended fuel (E27) without the need of government support/subsidies. Results also suggested that consumers more informed about biofuels and with higher income are more likely to pay a premium for E2G. Informing consumers about E2G thus would enhance likelihood of adoption. © 2021
英文关键词Brazil; Contingent valuation; Second-generation ethanol; Willingness to pay
语种英语
scopus关键词Biofuels; Blending; Economic analysis; Surveys; Biofuels policies; Brazil; Consumer survey; Contingent valuations; Demographic characteristics; Dichotomous choice contingent valuation; Price premiums; Second generation; Second-generation ethanol; Willingness to pay; Ethanol
来源期刊Energy Policy
文献类型期刊论文
条目标识符http://gcip.llas.ac.cn/handle/2XKMVOVA/256389
作者单位University of Arkansas, Fayetteville, United States; Dept. of Agricultural Economics and Agribusiness, University of Arkansas, Fayetteville, United States; Dept. of Political Science, University of Arkansas, Fayetteville, United States
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Garcia T.C.,Durand-Morat A.,Yang W.,等. Consumers’ willingness to pay for second-generation ethanol in Brazil[J],2022,161.
APA Garcia T.C.,Durand-Morat A.,Yang W.,Popp M.,&Schreckhise W..(2022).Consumers’ willingness to pay for second-generation ethanol in Brazil.Energy Policy,161.
MLA Garcia T.C.,et al."Consumers’ willingness to pay for second-generation ethanol in Brazil".Energy Policy 161(2022).
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