From Hindsight to Foresight: Biofuels in Agriculture and Forestry

Regulatory Governance Brief No.4, April 2009

15 Pages Posted: 11 Jan 2010

See all articles by Regulatory Governance Initiative Team

Regulatory Governance Initiative Team

Carleton University - School of Public Policy and Administration

Date Written: April 1, 2009

Abstract

The Canadian forest sector is facing a time of significant transformation. In this brief we argue that regulatory analysis and foresight is an essential component of the successful transformation of the forest sector. As a first step to a regulatory analysis and foresight, we will illustrate here how to think about regulation based on the hindsight gleaned from the agricultural sector. Specifically we will derive lessons learned from the history of agricultural biofuels. A shift of energy production toward biofuels seems to support all of the three pillars of sustainable development. Accordingly, the most widely produced transport biofuel internationally, agricultural ethanol, has been marketed as a smart and green choice and as better alternative to oil-based gasoline. This image is now crumbling somewhat. We will focus on lessons learned from the agricultural biofuels story (paying special attention to the case of ethanol) and explore what hindsight can teach us.

JEL Classification: L5, L78

Suggested Citation

Initiative Team, Regulatory Governance, From Hindsight to Foresight: Biofuels in Agriculture and Forestry (April 1, 2009). Regulatory Governance Brief No.4, April 2009, Available at SSRN: https://ssrn.com/abstract=1532436

Regulatory Governance Initiative Team (Contact Author)

Carleton University - School of Public Policy and Administration ( email )

1125 Colonel By Drive
Ottawa, Ontario
Canada

HOME PAGE: http://www.carleton.ca/regulation

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