Creme of the crop: The search for the most economy-benefitting biodiesel feedstock in the Philippines

Date of Publication

2008

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Applied Economics

College

Ramon V. Del Rosario College of Business

Department/Unit

Economics

Honor/Award

Awarded as best thesis, 2008

Defense Panel Chair

Paulynne J. Castillo

Defense Panel Member

Roberto B. Raymundo
Joel Q. Tanchuco

Abstract/Summary

Biodiesel has had wide acclaim as of recent years due to its alleged benefits to the environment and to the economy through a reduction on both greenhouse gases and imported oil. In the Philippines, such recognition is embodied in the Biofuels Act of 2006, which currently mandates a B1 blend in all the local gas stations in the country. Unfortunately, the potential economic benefits of utilizing a particular feedstock for such mandatory production have not been quantified by any existing research. In this manner, with the use of economic theory, the paper sets working criteria by which the most economy-benefitting biodiesel feedstock in the Philippines could be identified. These comprise of yield efficiency, tailpipe emissions, employment generation, foreign exchange savings, value added, and productive linkages, giving consideration to the food versus miles issue as well. Analysis of data coming from government agencies, scholarly journals, and the input-output table would include descriptive statistics and comparative assessments. From the results taken, jatropha was found to be the most economy-benefiting feedstock, assuming food security was prioritized over output inducement. Since coconut would have been the choice feedstock if the priority was reversed, it was suggested that both be used in Philippine biodiesel production using intercropping methods. Thereafter, recommendations were made as to how the Biodiesel Act of 2006 could be modified accordingly.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU16042

Shelf Location

Archives, The Learning Commons, 12F Henry Sy Sr. Hall

Physical Description

143 leaves 29 cm.

Keywords

Biodiesel fuels--Philippines

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