Public policy supports biofuels for their benefits within the energy, transport and agricultural sector of environmental reasons. Biofuels are assumed to reduce greenhouse gas emissions. Here, DeCicco proposes a method using annual basis carbon (ABC) accounting to track the stocks and flows of carbon and other greenhouse gases throughout fuel supply chains. Thereby, the carbon dioxide emissions from fuels will be treated regardless of the origin of the fuel carbon (bio- or fossil). Read the article on SpringerLink here.
