Files
Abstract
Current research evaluating biofuels policies focuses primarily on market-economic criteria.
While it is widely acknowledged that both the economic and environmental, and social aspects
of biofuels policy must all be balanced with each other in the process of developing a viable
biofuels policy, little progress has been made to date on evaluating these uncertain non-market
relationships.
In this paper, we develop a fuzzy theory holistic approach evaluating the 1st, 2nd, and 3rd
generation biofuels feedstocks in meeting multiple economic, environmental and social criteria
of the biofuels policies and capturing the uncertainties of evaluation processes.
We use a multi-criteria approach PROMETHEE (Preference Ranking Organization
Method for Enrichment Evaluations) and fuzzy set theory to show how missing information,
fuzziness, and ambiguity in decision making processes can be considered for a sustainable
biofuels policy evaluation.