Research School for Socio-Economic and
Natural Sciences of the Environment
Research School for Socio-Economic and
Natural Sciences of the Environment
Agenda

The Economics of Bioenergy Policies - A Hands-on Modelling Course

Date: 20 June 2015 - 22 June 2015
Location: Ravello (Amalfi Coast - Italy)

The course is partially based on the new soon-to-be released text, The Economics of Biofuel Policies: Impacts on Price Volatility in Grain and Oilseed Markets, by Harry de Gorter, Dusan Drabik and David R. Just.

This workshop will offer a mix of classroom lectures and computer lab exercises (please bring your laptops). In this way, the participants in the workshop will have full knowledge of the underlying theory; be able to forecast feedstock prices under alternative expectations of energy prices and mandate premiums; calibrate a basic model (with multiple policies in the baseline) for corn-ethanol in the United States versus sugarcane ethanol in Brazil, and canola-oil biodiesel in Europe. The participants will also be able to simulate the welfare effects of various policy (and market) scenarios on food commodity prices, the environment and energy markets, and assess how well the various energy security, environmental and farm policy goals are being achieved. Emphasis will be given on the efficacy of biofuel policies in small developing countries.

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