Hayes, Dermot; Babcock, Bruce Alan; Elobeid, Amani; … - Center for Agricultural and Rural Development (CARD), … - 2009
We examine four scenarios for the evolution of the biofuel sector using a partial equilibrium model of the world agricultural sector. The model includes the new Renewable Fuels Standard in the 2007 energy act, the two-way relationship between fossil energy and biofuel markets, and a new trend...