Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Dynamics of Biofuel Stock Prices PDF full book. Access full book title Dynamics of Biofuel Stock Prices by Xiaodong Du. Download full books in PDF and EPUB format.
Author: Xiaodong Du Publisher: ISBN: Category : Alcohol Languages : en Pages : 36
Book Description
We use Bayesian Markov Chain Monte Carlo methods to investigate the linkage between the volatility of ethanol security prices and the uncertainty surrounding the profitability of ethanol production and the price variations of non-ethanol energy securities. The joint evolution of return and volatility is modeled as a stochastic process that incorporates jumps in both return and volatility. While a strong and significant correlation is found between the volatility of ethanol securities and profit uncertainty from June 2005 to July 2008, the dynamic pattern of ethanol stock volatility is strikingly similar to that of the S&P 500 energy sector index in the more recent period. Our evidence lends support to the findings in the literature on rational learning from uncertainty in determining the equity price and volatility during the adoption and development of a technological innovation.
Author: Xiaodong Du Publisher: ISBN: Category : Alcohol Languages : en Pages : 36
Book Description
We use Bayesian Markov Chain Monte Carlo methods to investigate the linkage between the volatility of ethanol security prices and the uncertainty surrounding the profitability of ethanol production and the price variations of non-ethanol energy securities. The joint evolution of return and volatility is modeled as a stochastic process that incorporates jumps in both return and volatility. While a strong and significant correlation is found between the volatility of ethanol securities and profit uncertainty from June 2005 to July 2008, the dynamic pattern of ethanol stock volatility is strikingly similar to that of the S&P 500 energy sector index in the more recent period. Our evidence lends support to the findings in the literature on rational learning from uncertainty in determining the equity price and volatility during the adoption and development of a technological innovation.
Author: Deepak K. Tuli Publisher: Elsevier ISBN: 0323884288 Category : Technology & Engineering Languages : en Pages : 596
Book Description
Advanced Biofuel Technologies: Present Status, Challenges and Future Prospects deals with important issues such as feed stock availability, technology options, greenhouse gas reduction as seen by life cycle assessment studies, regulations and policies. This book provides readers complete information on the current state of developments in both thermochemical and biochemical processes for advanced biofuels production for the purpose of transportation, domestic and industrial applications. Chapters explore technological innovations in advanced biofuels produced from agricultural residues, algae, lipids and waste industrial gases to produce road transport fuels, biojet fuel and biogas. - Covers technologies and processes of different types of biofuel production - Outlines a selection of different types of renewable feedstocks for biofuel production - Summarizes adequate and balanced coverage of thermochemical and biochemical methods of biomass conversion into biofuel - Includes regulations, policies and lifecycle and techno-economic assessments
Author: Marco Aurelio Dos Santos Bernardes Publisher: BoD – Books on Demand ISBN: 9533071788 Category : Science Languages : en Pages : 466
Book Description
This book aspires to be a comprehensive summary of current biofuels issues and thereby contribute to the understanding of this important topic. Readers will find themes including biofuels development efforts, their implications for the food industry, current and future biofuels crops, the successful Brazilian ethanol program, insights of the first, second, third and fourth biofuel generations, advanced biofuel production techniques, related waste treatment, emissions and environmental impacts, water consumption, produced allergens and toxins. Additionally, the biofuel policy discussion is expected to be continuing in the foreseeable future and the reading of the biofuels features dealt with in this book, are recommended for anyone interested in understanding this diverse and developing theme.
Author: Alberto Adrego Pinto Publisher: Springer ISBN: 331904849X Category : Mathematics Languages : en Pages : 749
Book Description
This volume explores the emerging and current, cutting-edge theories and methods of modeling, optimization, dynamics and bio economy. It provides an overview of the main issues, results and open questions in these fields as well as covers applications to biology, economy, energy, industry, physics, psychology and finance. The majority of the contributed papers for this volume come from the participants of the International Conference on Modeling, Optimization and Dynamics (ICMOD 2010), a satellite conference of EURO XXIV Lisbon 2010, which took place at Faculty of Sciences of University of Porto, Portugal and from the Berkeley Bio economy Conference 2012, at the University of California, Berkeley, USA.
Author: Fredj Jawadi Publisher: Springer ISBN: 3319987143 Category : Business & Economics Languages : en Pages : 214
Book Description
Written in honor of Emeritus Professor Georges Prat (University of Paris Nanterre, France), this book includes contributions from eminent authors on a range of topics that are of interest to researchers and graduates, as well as investors and portfolio managers. The topics discussed include the effects of information and transaction costs on informational and allocative market efficiency, bubbles and stock price dynamics, paradox of rational expectations and the principle of limited information, uncertainty and expectation hypotheses, oil price dynamics, and nonlinearity in asset price dynamics.
Author: Donald Mitchell Publisher: World Bank Publications ISBN: 0821385178 Category : Business & Economics Languages : en Pages : 220
Book Description
A new economic opportunity for sub-Saharan Africa is looming large: biofuel production. Rapidly rising energy prices are expected to remain high for an extended period of time because of the increasing demand in prospering and populous countries such as China and India, the depletion of easily accessible supplies of crude oil, and concern over global climate change. As a result, there is renewed interest in biofuels as an alternative to fossil fuels. Africa is uniquely positioned to produce these new cash crops for both domestic use and export. The region has abundant land resources and preferential access to protected markets with higher-than-world-market prices. The rapid growth in the demand for transport fuels in Africa and high fuel prices create domestic markets for biofuels. The European Union and the United States have approved legislation that requires large increases in the consumption of biofuels over at least the next decade. Imports are expected to be needed to meet these mandates, thus opening the door to African and other developing countries that can produce biofuels or feedstocks for biofuels competitively. Expanding the production of crops for biofuels will affect the entire rural sector in Africa as resources are shifted away from traditional crops and the prices of all agricultural commodities rise. Even smallholders can participate in producing biofuel crops. To promote the sustainability and significant contribution of this enterprise, Biofuels in Africa provides guidance in formulating suitable policy regimes, which are based on protecting the rights of current land users, developing revenue-sharing schemes with local communities, safeguarding the environment and biodiversity, expanding institutional capacity, formulating new regulations and procedures, and emulating best practices from experienced countries. This volume will be of value to anyone interested in biofuels, including policy makers, development practitioners, private investors, researchers, and the general public. Now that African countries are trying to significantly increase their energy supply systems, biofuels are an attractive option using both dedicated crops and agricultural waste. This book provides guidance for them to develop a suitable policy regime for a significant contribution by biofuels. Professor Ogunlade R. Davidson, Minister of Energy and Water Resources, Sierra Leone Biofuels in Africa is a sorely needed resource for our understanding of the problems of expanding biofuels production in Africa. A high point of the book is a description of the projects that were started in several countries. A very useful book! Professor Jos Goldemberg, University of S o Paulo, Brazil As Africa most likely will play the same role for global biofuels as the Middle East does for oil, this comprehensive book on African biofuels should be compulsory reading for anyone interested in either African development or biofuels. The book captures the essence of long-term drivers and opportunities as well the complex challenges for investors and society of this huge emerging industry. Per Carstedt, Executive Chairman, EcoEnergy Africa
Author: Harry de Gorter Publisher: Springer ISBN: 1137414855 Category : Business & Economics Languages : en Pages : 320
Book Description
The global food crises of 2008 and 2010 and the increased price volatility revolve around biofuels policies and their interaction with each other, farm policies and between countries. While a certain degree of research has been conducted on biofuel efficacy and logistics, there is currently no book on the market devoted to the economics of biofuel policies. The Economics of Biofuel Policies focuses on the role of biofuel policies in creating turmoil in the world grains and oilseed markets since 2006. This new volume is the first to put together theory and empirical evidence of how biofuel policies created a link between crop (food grains and oilseeds) and biofuel (ethanol and biodiesel) prices. This combined with biofuel policies role in affecting the link between biofuels and energy (gasoline, diesel and crude oil) prices will form the basis to show how alternative US, EU, and Brazilian biofuel policies have immense impacts on the level and volatility of food grain and oilseed prices.
Author: Govinda R. Timilsina Publisher: Springer ISBN: 149390518X Category : Business & Economics Languages : en Pages : 159
Book Description
Interest in biofuels began with oil shocks in the 1970’s, but the more rapid development and consumption of biofuel industry in recent years has been primarily driven by mandates, subsidies, climate change concerns, emissions targets and energy security. From 2004 to 2006, fuel ethanol grew by 26% and biodiesel grew by 172%. As biofuel production continues to expand, investments in capacity expansion and research and development have been made. The 2008 food crisis emphasized the need to re-examine biofuel consequences. Biofuels remain an important renewable energy resource to substitute for fossil fuels, particularly in the transportation sector, yet biofuels’ success is still uncertain. The future of biofuels in the energy supply mix relies on mitigating potential and improving the environmental gains. This book brings together leading authorities on biofuel from the World Bank to examine all of the impacts of biofuel (economic, social, environmental) within a unified framework and in a global perspective, making it of interest to academics in agricultural and environmental economics as well as industry and policy-makers.
Author: Food and Agriculture Organization of the United Nations Publisher: Food & Agriculture Org. ISBN: 9251317968 Category : Business & Economics Languages : en Pages : 128
Book Description
FAO has been working for many years on non-food biomass products (including sustainable bioenergy) and biotechnology, and it received a mandate to coordinate international work on ‘food first’ sustainable bioeconomy by 62 Ministers present at the Global Forum for Food and Agriculture (GFFA) 2015. Moreover, FAO has received support from the Government of Germany to develop guidelines on sustainable bioeconomy development (Phase 1: 2016; Phase 2: 2017-mid 2020). This involves work on the bioeconomy monitoring, including the selection and use of indicators. The ultimate aim of FAO’s work on sustainability indicators is to provide technical assistance to countries and stakeholders in developing and monitoring sustainable bioeconomy, more particularly on identifying suitable indicators in line with the Sustainable Bioeconomy Aspirational Principles and related Criteria, agreed upon in 2016 by the International Sustainable Bioeconomy Working Group created in the context of FAO’s project on Sustainable Bioeconomy Guidelines. These indicators shall help both policy makers and producers/manufacturers in monitoring and evaluating the sustainability of their bioeconomy strategies and interventions. In order to cover all the relevant aspects and issues for a sustainable bioeconomy, our approach identifies impact categories from the sustainable bioeconomy principles and criteria. The monitoring approach suggested is balanced, since it considers the three sustainability dimensions (social, economic and environmental); at the same time, it proposes to use a limited set of core indicators, to keep the monitoring feasible and cost-effective. The suggested methodology starts with a review of existing monitoring approaches to identify already available indicators, from which the authors.
Author: Suzana Yusup Publisher: Elsevier ISBN: 0323858996 Category : Science Languages : en Pages : 608
Book Description
Value-Chain of Biofuels: Fundamentals, Technology, and Standardization presents the fundamental aspects of biofuel production, from biomass conversion technologies and biofuels' end products to related policy regulation and standardization. Sections explore the current biofuels industry, addressing pretreatment, feedstocks, and conversion processes, review different pathways to produce biofuels, including bioethanol, biochar, biogas/bio-hydrogen, bio-oil, biodiesel, and many others, and finally, present policy regulation and standardization on biofuel production, with a focus on applications. Case studies are provided alongside reviews from academic and industry perspectives, discussing economics and lifecycle assessments (LCA) of biofuel production, as well as analyses of supply chains. Offering a comprehensive and timely overview, this book provides an ideal reference for researchers and practitioners working in bioenergy and renewable energy, but it will also be of interest to chemists, bioengineers, chemical engineers, and the agricultural and petrochemical industries. - Helps readers gain academic and industry perspectives on biofuel production with the inclusion of lab-based experimentation and informative case studies - Contains an exhaustive analysis of biomass conversion technologies for biofuels and biochemicals - Provides a clear and concise text that avoids the overuse of jargon and technical language
Author: Xiaodong Du
Author: Xiaodong Du
Author: Deepak K. Tuli
Author: Marco Aurelio Dos Santos Bernardes
Author: Alberto Adrego Pinto
Author: Fredj Jawadi
Author: Donald Mitchell
Author: Harry de Gorter
Author: Govinda R. Timilsina
Author: Food and Agriculture Organization of the United Nations
Author: Suzana Yusup