title: The Fall of Oil Prices and the Effects on Biofuels.
abstract: 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.
authors.affiliation: GeoBioTec, Departamento de Ciências da Terra, Faculdade de Ciências e Tecnologia, Universidade NOVA de Lisboa, 2829-516 Caparica, Portugal. Electronic address: fhr@fct.unl.pt.
authors.forename: Fernando H
authors.initials: FH
authors.lastname: Reboredo
authors.affiliation: GeoBioTec, Departamento de Ciências da Terra, Faculdade de Ciências e Tecnologia, Universidade NOVA de Lisboa, 2829-516 Caparica, Portugal.
authors.forename: Fernando
authors.initials: F
authors.lastname: Lidon
authors.affiliation: GeoBioTec, Departamento de Ciências da Terra, Faculdade de Ciências e Tecnologia, Universidade NOVA de Lisboa, 2829-516 Caparica, Portugal.
authors.forename: Fernanda
authors.initials: F
authors.lastname: Pessoa
authors.affiliation: GeoBioTec, Departamento de Ciências da Terra, Faculdade de Ciências e Tecnologia, Universidade NOVA de Lisboa, 2829-516 Caparica, Portugal; Grupo Interações Planta-Ambiente e Biodiversidade, Centro Ambiente, Agricultura e Desenvolvimento (BioTrop), Instituto Investigação Científica Tropical, I.P., Quinta do Marquês, Av. República, 2784-505 Oeiras, Portugal.
authors.forename: José C
authors.initials: JC
authors.lastname: Ramalho
mesh_terms: D056804:Biofuels / Q000191:economics*; D002482:Cellulose; D010578:Petroleum / Q000191:economics*
chemical_list: D056804:Biofuels; D010578:Petroleum; D002482:Cellulose