Replaced with revised version of paper 12/06/06.

We analyze the impact of trade liberalization and removal of the federal tax credit in the United States on U.S. and Brazilian ethanol markets using a multi-market international ethanol model calibrated on 2005 market data and policies. The removal of trade distortions induces a 23.9 percent...

Interest in algae biofuels has increased in recent years due to government funding, industry investment, environmental pressures and renewable fuels policy. Although some analysis has been done to examine the potential environmental concerns associated with algae biofuel production, little...

Public policy supports biofuels for their benefits to agricultural economies, energy security and the environment. The environmental rationale is premised on greenhouse gas (GHG, "carbon") emissions reduction, which is a matter of contention. This issue is challenging to resolve because of...