ceiling on the ethanol RIN (D6) and because some observers have suggested that RIN price fluctuations are too large to be …

It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in … evolved. We show that the Renewable Fuel Standard (RFS) increased ethanol price expectations by as much $1.50 initially …, raising ethanol storage demand starting and causing an increase in the price of ethanol. There is no conclusive evidence that …

This paper estimates household preferences for ethanol as a gasoline substitute. I develop a theoretical model linking … the shape of the ethanol demand curve to the distribution of price ratios at which individual households switch fuels. I … find that preferences are heterogeneous with many households willing to pay a premium for ethanol. This reduces the …

impact of ethanol subsidies and mandates on world food commodity prices, quantities, and food consumers' surplus. The current … US ethanol mandate requires that about 5 percent of world caloric production from corn, wheat, rice, and soybeans be used … for ethanol generation. As a result, world food prices are predicted to increase by about 30 percent and global consumer …

credit for ethanol is an example of a cost ineffective subsidy. The cost of reducing CO2 emissions through this subsidy …