The rapid upward shift in ethanol demand has raised concerns about ethanol’s impact on the price level and volatility of agricultural commodities. The popular press attributes much of this volatility in commodity prices to a price bubble in ethanol fuel and recent deflation. Market economics...

Biofuels have a potential to extend and diversify South Africa’s energy supply, thus reducing dependence on imported fuels and pollution levels. Despite several biofuel policies and mandates, biofuel development in South Africa has stalled in the legislative process and no large scale...

This paper examines the economic and GHG implications of stacking a low carbon fuel standard (LCFS) with and without a carbon price policy on the Renewable Fuel Standard (RFS). We compare the performance of various policy combinations for food and fuel prices, fuel mix and fuel consumption. We...

In spite of media reports to the contrary, the higher corn prices have not impacted the retail price of meat and milk - yet. Through mid-2008 supplies of beef, pork, poultry and milk are all higher than they were a year earlier and producers are absorbing the loss from higher feed costs....