Despite a large number of studies that examine the influence of biofuels and biofuel policy on commodity prices, the impact of biofuel policy on commodity price variability is poorly understood. A good understanding of biofuel policy's impact on price variability is important for mitigating food...

Concerns about energy security, reduced dependence on exhaustible fossil fuels and climate change have led to significant policy support for biofuels, particularly for cellulosic biofuels. The Biomass Crop Assistance Program and volumetric tax credits for biofuels seek to supplement the...

This paper uses a dynamic, multi-market, nonlinear mathematical programming model, Biofuel and Environmental Policy Analysis Model (BEPAM) to first examine the economically viable supply of agricultural biomass at various biomass prices and the mix of cellulosic feedstocks that will be produced...

This paper examines the economic and GHG implications of stacking a low carbon fuel standard (LCFS) with and without a carbon price policy on the Renewable Fuel Standard (RFS). We compare the performance of various policy combinations for food and fuel prices, fuel mix and fuel consumption. We...