This report forms part of a project entitled 'World Biofuels Study'. The objective is to study world biofuel markets and to examine the possible contribution that biofuel imports could make to help meet the Renewable Fuel Standard (RFS) of the Energy Independence and Security Act of 2007 (EISA)....

Renewable fuels standard (RFS) policies are becoming a popular public policy mechanism for developing the market for renewable fuels in the transportation sector. During the past decade, U.S. states and several countries began implementing these more market-based (less command and control)...

Vigorous debate on the effects of biofuels derives largely from the changes in land use estimated using economic models designed mainly for the analysis of agricultural trade and markets. The models referenced for land-use change (LUC) analysis in the U.S. Environmental Protection Agency Final...

Kliauga, de Gorter, and Just (2008) and de Gorter, Drabik, and Just (2010) argue that the United States and the European Union establish the world ethanol and biodiesel prices, respectively. We test these theories using a cointegration analysis and the Vector Error Correction (VEC) model. Weekly...

Este trabalho tem como objetivo analisar o impacto do crescimento do preço de etanol no preço do açúcar. Para tal análise utiliza-se a metodologia de vetores autorregressivos para identificar a relação de causalidade entre os preços do etanol e do açúcar. O crescimento do preço do...

Based on their theoretical predictions, Kliauga, de Gorter, and Just (2008) and de Gorter,Drabik, and Just (2010) argue that the United States and the European Union establish the worldethanol and biodiesel prices, respectively. We test these theories using cointegration analysisand the Vector...

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

Life cycle analysis (LCA) is the standard approach used to evaluate the greenhouse gas (GHG) benefits of biofuels. However, it is increasingly recognized that LCA results do not account for some impacts including land use changes that have important implications on GHGs. Thus, an alternative...

In its Progress Report on Biofuels the European Commission proposes a more restrictivebiofuel directive which sets a mandatory minimum share of biofuels in total fuel consumption in thetransport sector of 10% per Member State by 2020. This is likely to have a strong impact on demandfor biofuel...

The production of biofuels in many countries is largely driven by the governmentstrategy and incentives that are in place. In South Africa the first round of thedevelopment of such a draft strategy took place in 2005 while the official stance onbiofuels was finalized in December of 2007. During...