Imported Petroleum

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Terrie Walmsley - One of the best experts on this subject based on the ideXlab platform.

  • impacts on poverty of removing fuel import subsidies in nigeria
    2015
    Co-Authors: Khalid Siddig, Angel Aguiar, Harald Grethe, Peter Minor, Terrie Walmsley
    Abstract:

    The Petroleum sector contributes substantially to the Nigerian economy; however, the potential benefits are diminished because of the existence of significant subsidies on imports of Petroleum products. Subsidies on Imported Petroleum products are considered to be an important instrument for keeping fuel prices, and hence the cost of living, low. The costs of these subsidies, however, have risen dramatically in recent years along with increased volatility in world Petroleum and Petroleum product prices and increased illegal exportation of subsidized Petroleum products into neighboring countries. Removing the subsidy on fuel is one of the most contentious socioeconomic policy issues in Nigeria today. In this paper, an economy-wide framework is used to identify the impact of removing the fuel subsidy on the Nigerian economy and investigate how alternative policies might be used to meet socioeconomic objectives related to fuel subsidies. The results show that although a reduction in the subsidy generally results in an increase in Nigeria’s gross domestic product, it can have a detrimental impact on household income, and in particular on poor households. Accompanying the subsidy reduction with income transfers aimed at poor households or domestic production of Petroleum products can alleviate the negative impacts on household income.

  • impacts of removing fuel import subsidies in nigeria on poverty
    Energy Policy, 2014
    Co-Authors: Khalid Siddig, Angel Aguiar, Harald Grethe, Peter Minor, Terrie Walmsley
    Abstract:

    The Petroleum sector contributes substantially to the Nigerian economy; however, the potential benefits are diminished due to the existence of significant subsidies on imports of Petroleum products. Subsidies on Imported Petroleum products are considered to be an important instrument for keeping fuel prices, and hence the cost of living, low. The costs of these subsidies, however, has risen dramatically in recent years due to increased volatility in world Petroleum and Petroleum product prices and increased illegal exportation of subsidized Petroleum products into neighboring countries. Removing the subsidy on fuel is one of the most contentious socio-economic policy issues in Nigeria today. In this paper, an economy-wide framework is used to identify the impact of removing the fuel subsidy on the Nigerian economy and investigates how alternative policies might be used to meet socio-economic objectives related to fuel subsidies. The results show that while a reduction in the subsidy generally results in an increase in Nigerian GDP, it can have a detrimental impact on household income, and in particular on poor households. Accompanying the subsidy reduction with income transfers aimed at poor households or domestic production of Petroleum products can alleviate the negative impacts on household income.

Khalid Siddig - One of the best experts on this subject based on the ideXlab platform.

  • impacts on poverty of removing fuel import subsidies in nigeria
    2015
    Co-Authors: Khalid Siddig, Angel Aguiar, Harald Grethe, Peter Minor, Terrie Walmsley
    Abstract:

    The Petroleum sector contributes substantially to the Nigerian economy; however, the potential benefits are diminished because of the existence of significant subsidies on imports of Petroleum products. Subsidies on Imported Petroleum products are considered to be an important instrument for keeping fuel prices, and hence the cost of living, low. The costs of these subsidies, however, have risen dramatically in recent years along with increased volatility in world Petroleum and Petroleum product prices and increased illegal exportation of subsidized Petroleum products into neighboring countries. Removing the subsidy on fuel is one of the most contentious socioeconomic policy issues in Nigeria today. In this paper, an economy-wide framework is used to identify the impact of removing the fuel subsidy on the Nigerian economy and investigate how alternative policies might be used to meet socioeconomic objectives related to fuel subsidies. The results show that although a reduction in the subsidy generally results in an increase in Nigeria’s gross domestic product, it can have a detrimental impact on household income, and in particular on poor households. Accompanying the subsidy reduction with income transfers aimed at poor households or domestic production of Petroleum products can alleviate the negative impacts on household income.

  • impacts of removing fuel import subsidies in nigeria on poverty
    Energy Policy, 2014
    Co-Authors: Khalid Siddig, Angel Aguiar, Harald Grethe, Peter Minor, Terrie Walmsley
    Abstract:

    The Petroleum sector contributes substantially to the Nigerian economy; however, the potential benefits are diminished due to the existence of significant subsidies on imports of Petroleum products. Subsidies on Imported Petroleum products are considered to be an important instrument for keeping fuel prices, and hence the cost of living, low. The costs of these subsidies, however, has risen dramatically in recent years due to increased volatility in world Petroleum and Petroleum product prices and increased illegal exportation of subsidized Petroleum products into neighboring countries. Removing the subsidy on fuel is one of the most contentious socio-economic policy issues in Nigeria today. In this paper, an economy-wide framework is used to identify the impact of removing the fuel subsidy on the Nigerian economy and investigates how alternative policies might be used to meet socio-economic objectives related to fuel subsidies. The results show that while a reduction in the subsidy generally results in an increase in Nigerian GDP, it can have a detrimental impact on household income, and in particular on poor households. Accompanying the subsidy reduction with income transfers aimed at poor households or domestic production of Petroleum products can alleviate the negative impacts on household income.

Kenneth G. Cassman - One of the best experts on this subject based on the ideXlab platform.

  • improvements in life cycle energy efficiency and greenhouse gas emissions of corn ethanol
    Journal of Industrial Ecology, 2009
    Co-Authors: Adam J. Liska, Galen E Erickson, Terry J. Klopfenstein, Virgil R. Bremer, Haishun Yang, Daniel T. Walters, Kenneth G. Cassman
    Abstract:

    Summary Corn-ethanol production is expanding rapidly with the adoption of improved technologies to increase energy efficiency and profitability in crop production, ethanol conversion, and coproduct use. Life cycle assessment can evaluate the impact of these changes on environmental performance metrics. To this end, we analyzed the life cycles of corn-ethanol systems accounting for the majority of U.S. capacity to estimate greenhouse gas (GHG) emissions and energy efficiencies on the basis of updated values for crop management and yields, biorefinery operation, and coproduct utilization. Direct-effect GHG emissions were estimated to be equivalent to a 48% to 59% reduction compared to gasoline, a twofold to threefold greater reduction than reported in previous studies. Ethanol-to-Petroleum output/input ratios ranged from 10:1 to 13:1 but could be increased to 19:1 if farmers adopted high-yield progressive crop and soil management practices. An advanced closed-loop biorefinery with anaerobic digestion reduced GHG emissions by 67% and increased the net energy ratio to 2.2, from 1.5 to 1.8 for the most common systems. Such improved technologies have the potential to move corn-ethanol closer to the hypothetical performance of cellulosic biofuels. Likewise, the larger GHG reductions estimated in this study allow a greater buffer for inclusion of indirect-effect land-use change emissions while still meeting regulatory GHG reduction targets. These results suggest that corn-ethanol systems have substantially greater potential to mitigate GHG emissions and reduce dependence on Imported Petroleum for transportation fuels than reported previously.

Robert H Borgwardt - One of the best experts on this subject based on the ideXlab platform.

  • biomass and natural gas as co feedstocks for production of fuel for fuel cell vehicles
    Biomass & Bioenergy, 1997
    Co-Authors: Robert H Borgwardt
    Abstract:

    Prospects are examined for utilizing renewable energy crops as a source of liquid fuel to mitigate greenhouse gas emissions from mobile sources and reduce dependence on Imported Petroleum. Fuel-cell vehicles would provide a promising technology for coping with the environmental and economic effects of an expanding vehicle fleet and a decreasing Petroleum supply. Fueled with methanol or hydrogen derived from biomass, fuel cells can also effectively address the problem of CO2 emissions from that fleet. The extent to which this combination might affect Petroleum displacement depends on the amount of biomass that could be produced and the efficiency of its conversion to a fuel compatible with fuel cells. Reduction of net CO2 emissions by the best current bio-fuel technology will be limited by biomass supply. Biomass conversion efficiency, Petroleum displacement and overall net CO2 emission reduction can be improved, and the cost of fuel minimized, by use of natural gas as a co-feedstock. The extra hydrogen provided by natural gas allows these improvements by eliminating the partial shift of CO to CO2 that is otherwise necessary; elimination of that step and additional in situ leveraging of fuel yield by conventional reforming reactions also reduce the production cost. A thermochemical process utilizing both biomass and natural gas as co-feedstocks is compared with other options for methanol production and CO2 mitigation using either biomass or natural gas alone. Use of natural gas as co-feedstock makes possible the additional environmental advantage of utilizing waste methane from landfills and waste-water treatment facilities, as well as the carbonaceous solid wastes and sludge from those facilities, for conversion to clean transportation fuel. Greenhouse gas emissions from these important municipal sources can thus be concurrently reduced, together with landfill disposal requirements.

Angel Aguiar - One of the best experts on this subject based on the ideXlab platform.

  • impacts on poverty of removing fuel import subsidies in nigeria
    2015
    Co-Authors: Khalid Siddig, Angel Aguiar, Harald Grethe, Peter Minor, Terrie Walmsley
    Abstract:

    The Petroleum sector contributes substantially to the Nigerian economy; however, the potential benefits are diminished because of the existence of significant subsidies on imports of Petroleum products. Subsidies on Imported Petroleum products are considered to be an important instrument for keeping fuel prices, and hence the cost of living, low. The costs of these subsidies, however, have risen dramatically in recent years along with increased volatility in world Petroleum and Petroleum product prices and increased illegal exportation of subsidized Petroleum products into neighboring countries. Removing the subsidy on fuel is one of the most contentious socioeconomic policy issues in Nigeria today. In this paper, an economy-wide framework is used to identify the impact of removing the fuel subsidy on the Nigerian economy and investigate how alternative policies might be used to meet socioeconomic objectives related to fuel subsidies. The results show that although a reduction in the subsidy generally results in an increase in Nigeria’s gross domestic product, it can have a detrimental impact on household income, and in particular on poor households. Accompanying the subsidy reduction with income transfers aimed at poor households or domestic production of Petroleum products can alleviate the negative impacts on household income.

  • impacts of removing fuel import subsidies in nigeria on poverty
    Energy Policy, 2014
    Co-Authors: Khalid Siddig, Angel Aguiar, Harald Grethe, Peter Minor, Terrie Walmsley
    Abstract:

    The Petroleum sector contributes substantially to the Nigerian economy; however, the potential benefits are diminished due to the existence of significant subsidies on imports of Petroleum products. Subsidies on Imported Petroleum products are considered to be an important instrument for keeping fuel prices, and hence the cost of living, low. The costs of these subsidies, however, has risen dramatically in recent years due to increased volatility in world Petroleum and Petroleum product prices and increased illegal exportation of subsidized Petroleum products into neighboring countries. Removing the subsidy on fuel is one of the most contentious socio-economic policy issues in Nigeria today. In this paper, an economy-wide framework is used to identify the impact of removing the fuel subsidy on the Nigerian economy and investigates how alternative policies might be used to meet socio-economic objectives related to fuel subsidies. The results show that while a reduction in the subsidy generally results in an increase in Nigerian GDP, it can have a detrimental impact on household income, and in particular on poor households. Accompanying the subsidy reduction with income transfers aimed at poor households or domestic production of Petroleum products can alleviate the negative impacts on household income.