The Fall of Oil Prices and the Effects on Biofuels.

Fernando H Reboredo, Fernando Lidon, Fernanda Pessoa, José C Ramalho

Trends in biotechnology 2016 Jan

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This analysis is focused on the effect of the abrupt decline of oil prices on biofuels, particularly second-generation ethanol. The efforts to decrease the production costs of biofuels, especially cellulosic ethanol (CE), will be greatly threatened if current oil prices remain low, especially since production is not slowing. Only huge state subsidies could alleviate this threat, but the challenge is to persuade citizens that this sacrifice is worthwhile. Copyright © 2015 Elsevier Ltd. All rights reserved.

Citation

Fernando H Reboredo, Fernando Lidon, Fernanda Pessoa, José C Ramalho. The Fall of Oil Prices and the Effects on Biofuels. Trends in biotechnology. 2016 Jan;34(1):3-6