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DOI | 10.1016/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 |
ISSN | 0301-4215 |
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
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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 |
推荐引用方式 GB/T 7714 | 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). |
条目包含的文件 | 条目无相关文件。 |
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