Substitution of petroleum fuels with biofuels such as ethanol and biodiesel has been shown to reduce greenhouse gas (GHG) emissions. These GHG reductions can be traded in the emerging carbon markets, and methodologies for quantifying and trading are still being developed. The main challenges in...

Published in BioResources, Volume 4, Number 3, 2009, Pages 1070-1087.

When the lignocellulosic biofuels industry reaches maturity and many types of biomass sources become economically viable, management of multiple feedstock supplies – that vary in their yields, density (tons per unit area), harvest window, storage and seasonal costs, storage losses, transport...

Crude oil price speculation during 2000s could have increased installed capacity in corn ethanol plants beyond what was warranted by the market factors. We use Muth’s commodity pricing model and Flood and Garber’s tests to test for speculative investment in US corn ethanol industry. The...

Fuel ethanol demand is projected to increase because of proposed ban on methyl tertiary butyl ether (MTBE) in gasoline, renewable fuels standard, and the revised eight-hour ozone standards. In this paper, several scenarios of increased fuel ethanol demand and its effects on crop and feed prices,...

This teaching module shows how U.S. antitrust laws are affected by ‘intentional' and ‘evolutionary' visions of socio-economic market processes. The extent of government's role is studied to review whether the U.S. antitrust laws should be strengthened, reformed or repealed. The focus of...

The potential supply of biomass feedstocks in the US and Canada is estimated using a static supply function approach. Estimated total biomass available at a price of $100 per metric ton is 568 million metric tons in the US and 123 million tons in Canada, which together can displace 23-45 billion...

Substitution of petroleum fuels with biofuels such as ethanol and biodiesel has been shown to reduce greenhouse gas (GHG) emissions. These GHG reductions can be traded in the emerging carbon markets, and methodologies for quantifying and trading are still being developed. The main challenges in...