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Staff Paper No. 505 - Abstract

Understanding Community Impacts: A Tool for Evaluating Externalities from Local Bio-Fuels Production

T. Randall Fortenbery [trforten@wisc.edu]
Steven Deller [scdeller@wisc.edu]

Staff Paper No. 505, December 2006, 17p.

Abstract

The popularity of public investment in local bio-fuels production as a rural development initiative is growing. An important consideration in determining the level of public support for a plant’s development, however, is accurately measuring public externalities resulting from plant activity. The purpose of this research was to first develop a set of community multipliers associated with various bio-fuel plant configurations, and then develop an easy to use tool that allows local communities to measure potential benefits based on varying levels of plant activity.
Last updated on Tue, Dec 19, 2006 2:49pm