Étiqueté : ethanol

Ethanol and oil firms: the beginning of a new role for alternative fuels?

Firms are facing increasingly stringent environmental quality specifications for their products, including an increase of biofuel mandates, as a means of reducing emissions of CO2 and air pollutants. These environmentally related ‘new conditions’ affect oil firms’ fuel production, prompting them, in particular, to integrate biofuels into their operations and, at least in certain cases, to change their overall strategies towards biofuels. This OIES paper seeks to make an empirical contribution to the literature on path-dependency by examining how the introduction of biofuels generates a shift in an oil firm’s established technical and production patterns…

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