Abstract
Biofuels have emerged as a source of energy for many countries. Although the interest in developing this industrial sector might be sensitive to market issues, government policies can influence its supply and demand. This chapter provides a discussion on issues such as the supply, the demand, exports, imports, prices, and future perspectives of the global market of ethanol and biodiesel. We focus on Brazil and the USA, which are the leaders in these markets. We found evidence of a significant increase in the demand for biofuels in several countries, which contributes to their developing energy and environmental security and adds value to their agriculture sectors. Incentive programs for biofuels depend on government policies. However, the production of biofuels differs in each country that we studied. The development of the biofuel chain is recent, and the supply depends on the whole structure of it and not exclusively on one institutional agent.
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Kolling, D.F., Dalla Corte, V.F., Oliveira, C.A.O. (2014). Global Market Issues in the Liquid Biofuels Industry. In: Domingos Padula, A., Silveira dos Santos, M., Benedetti Santos, O., Borenstein, D. (eds) Liquid Biofuels: Emergence, Development and Prospects. Lecture Notes in Energy, vol 27. Springer, London. https://doi.org/10.1007/978-1-4471-6482-1_3
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