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Consumption of high-ethanol gasoline blends must increase if United States renewable biofuel mandates are to rise above … no less than 15% gasoline. We derive the demand for E85 based on a model of motorists' preferences for motor fuel blends …
Persistent link: https://www.econbiz.de/10010939464
Most commercial gaseous and liquid fuels are mixtures of multiple chemical compounds. In recent years, these mixtures became even more complicated when the suppliers started to admix biofuels into the petrochemical basic fuels. As the properties of such mixtures can vary with composition, there...
Persistent link: https://www.econbiz.de/10011262970
a higher tax on gasoline results in lower gasoline demand, but leads to an increase in diesel consumption, and vice … versa. A removal of the energy and CO2 tax, lowering both the gasoline and diesel consumer price, leads to an overall … sector. In particular we analyze how large share the Swedish energy tax will contribute to the overall Swedish target for …
Persistent link: https://www.econbiz.de/10010735273
In this paper we quantitatively synthesize empirical estimates of the income elasticity of gasoline demand reported in … publication bias from the literature. Our results suggest that the income elasticity of gasoline demand is smaller than commonly …
Persistent link: https://www.econbiz.de/10010827803
Past studies that examine the impact of ethanol mandates on fuel prices make the assumption that ethanol and gasoline … impacts of higher ethanol mandates using a new open-economy, partial equilibrium model of gasoline, ethanol, and blending … whereby motorists buy one of two fuels: E10, which is a blend of 10 percent ethanol and 90 percent gasoline, or E85 which is a …
Persistent link: https://www.econbiz.de/10011170181
In this paper we quantitatively synthesize empirical estimates of the income elasticity of gasoline demand reported in … publication bias from the literature. Our results suggest that the income elasticity of gasoline demand is on average much smaller …
Persistent link: https://www.econbiz.de/10011189298
economic growth in most states prompted some to suspend gas tax collections to stimulate economic activity. Given such interest … is the impact of higher energy prices on state employment, and 2) what is the impact of a gas tax suspension. We find … efficacy of a gas tax suspension. …
Persistent link: https://www.econbiz.de/10010547768
This paper presents a quantitative and computational method to determine the optimal tax rate among generating units …-level, which represents the government agency, aims to limit total carbon emissions within a certain level by setting optimal tax … grid operator, tries to minimize the total production cost under the tax rates set by the government. The bilevel …
Persistent link: https://www.econbiz.de/10010757621
This paper measures the incidence of a carbon tax on gasoline using current income and two measures of lifetime income …
Persistent link: https://www.econbiz.de/10011273210
Despite the worldwide popularity of CDD- and HDD-type weather derivatives on temperature, a different class of weather derivatives, the so-called summer days options, is more popular in Japan, whose payoffs are determined by the number of summer days (i.e., the days whose average temperature is...
Persistent link: https://www.econbiz.de/10012726097