Modelling the interaction between policies and international trade flows for liquid biofuels: A case study on the European Union as an export market for biodiesel

Biofuels are inextricably bound up with policy. Various drivers can be identified for the production and consumption of biofuels, such as environmental considerations, energy security and economic development. Therefore, biofuels may be an appealing option to policy makers. Biofuels are in general more expensive to produce than their fossil...