Greaker, Mads; Hoel, Michael; Rosendahl, Knut Einar - 2012
Recent contributions have questioned whether biofuels policies actually lead to emissions reductions, and thus lower … consequence of the standard. Thus, if emissions from biofuels are sufficiently low, the standard will have beneficial climate … effects. Furthermore, we find that the standard tends to reduce total fuel (i.e., oil plus biofuels) consumption initially …