The rapidly growing world population and rising consumption of biofuels are increasing demand for both food and biofuels. This exaggerates both food and fuel shortages. Using food crops such as corn grain to produce ethanol raises major nutritional and ethical concerns. Nearly 60% of humans in...

The U.S., Brazil and a number of European and other countries worldwide have introduced various support schemes for bioethanol and biodiesel. The advantage of these biofuels is that they are relatively easily integrated with the current fossil fuel-based transport sector, at least up to a...

We estimate the role of biofuel policies in determining which country is the price leader in world biofuel markets using a cointegration analysis and a Vector Error Correction (VEC) model. Weekly prices are analyzed for the EU, US, and Brazilian ethanol and biodiesel markets in the 2002–2010...