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The Implication of B20 Policy on Environment

Dian Iriani, Latifah and Widodo, Tri (2019): The Implication of B20 Policy on Environment.

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Abstract

This paper investigates the impact of B20 policy, with the aims to reduce fossil oil import and increase production of biofuel, on environment impact. General Trade Analysis Project on Energy and Environment (GTAP E) model is using to analyze its impact. the result shows that reduction of 20 percent on import oil gives positive impact on reduction of carbon dioxode emission. While paddy rice, forestry, vegan fruit and agriculture gives negative impact on commodity market price, and natural resources gives positive impacts.

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