We develop a framework to examine the extent to which farmers' risk and time preferences, availability of credit to cover establishment cost, and crop insurance for conventional crops may influence farmers' decision to allocate land to a perennial energy crop and affect the costs of meeting a...

In its second volume, this book aims to link the academic research with development in the real world and provide a historical and institutional background that can enrich more formal research. The first section will include an assessment of the evolution and the state of the nascent...

This paper examines the changes in land use in the U.S. likely to be induced by biofuel and climate policies and the implications of these policies for GHG emissions over the 2007-2022 period. The policies considered here include a modified Renewable Fuel Standard (RFS) by itself as well as...

Concerns about energy security, uncertainty about oil prices, declining oil reserves, and global climate change are fueling a shift towards bioenergy as a renewable alternative to fossil fuels. Public policies and private investments around the globe are aiming to increase local capacity to...

Bioenergy Economics and Policy: Introduction and Overview -- Are Biofuels the Best Use of Sunlight? -- Perennial Grasses as Second-Generation Sustainable Feedstocks Without Conflict with Food Production -- Present and Future Possibilities for the Deconstruction and Utilization of Lignocellulosic...