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More than 40% of US grain is used for energy due to the Renewable Fuel Mandate (RFS). There are no studies of the global distributional consequences of this purely domestic policy. Using micro-level survey data, we trace the effect of the RFS on world food prices and their impact on household...
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Many countries have adopted energy policies that promote biofuels as a substitute for gasoline in transportation. For instance, more than 40% of U.S. grain is now used for energy and this share is expected to rise under the current Renewable Fuels Mandate. This paper examines the distributional...
Persistent link: https://www.econbiz.de/10011123798
In response to biofuel policies, the impacts of biofuels are very controversial. In particular, biofuels have been universally blamed for recent food price increases. In this paper, we review the recent but growing literature on the topical trade-off : Fuel vs. Food. First, we present biofuel...
Persistent link: https://www.econbiz.de/10011025354
More than 40% of US grain is used for energy due to the Renewable Fuel Mandate (RFS). There are no studies of the global distributional consequences of this purely domestic policy. Using micro-level survey data, we trace the effect of the RFS on world food prices and their impact on household...
Persistent link: https://www.econbiz.de/10012215395
Many countries have adopted energy policies that promote biofuels as a substitute for gasoline in transportation. For instance, 40% of U.S. grain is now used for energy and this share is expected to rise significantly under the current Renewable Fuels Mandate. This paper examines the...
Persistent link: https://www.econbiz.de/10011266376
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