Research on Optimization Model of China's Bio-Fuel Ethanol Subsidy

Abstract:

As a renewable energy, the development of bio-fuel ethanol has caught the attention of the whole world. Consensus has been reached that subsidy policy should be formulated to promote the industrial development. Subsidy policy, however, is faced with such problems as lack of scientificity and low efficiency, making it important to design the mechanism of scientific subsidy policy. To provide scientific basis for the government in this respect, this paper will deal with the establishment of random optimization theory model of multi-objective bio-fuel subsidy in connection with energy gap, food safety as well as survival and development of non-food bio-fuel ethanol enterprises.

• Periodical: Advanced Materials Research (Volumes 724-725)
• Pages: 283-287
• DOI: https://doi.org/10.4028/www.scientific.net/AMR.724-725.283
• Online since: August 2013
• Authors: Li Cao, Sui Jiang Lei
• Keywords: Bio-Fuel Ethanol, Optimization, Subsidy

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