Energy

The outcome of the December 2011 United Nations climate negotiations in Durban, South Africa, provides an important new opportunity to move toward an international climate policy architecture that is capable of delivering broad international participation and significant global CO2 emissions reductions at reasonable cost. This paper addresses an important component of potential climate policy architecture for the post-Durban era: links among independent tradable permit systems for greenhouse gases.

This paper addresses two key questions: What is the economic potential of biofuel development in India? And what are the obstacles to this development? It traces the economics at each stage in the production chain – from harvesting to processing to transportation; provides an overview of the industry’s economics and details the requirements at each stage of the value chain for the industry to reach its potential; and shows how the vegetable oil biofuels sector can provide substantial benefits to the rural poor in India while addressing the risks and threats of the biofuel industry development.