This article analyses the impact of national, European and global biofuel targets on German food production and land allocation until 2020. The LEITAP General Equilibrium Model simulates the interaction of agricultural and energy markets in response to the envisaged expansion of the biofuel...

Standard deterministic analysis of agricultural and biofuel policies can yield incomplete or misleading results. Stochastic analysis is especially important when policies have asymmetric effects and when there is intrinsic interest in uncommon events or the distribution of possible outcomes. The...

With this paper, we examine the current state of global governance of biofuels and assess the potential regulatory and non-regulatory mechanisms for such governance. We ask two questions: a) what are the current efforts and initiatives towards the global governance of biofuels; and b) which form...

One prominent feature of the US biofuels sector is its reliance on mandates to enforce use. The performance of this policy tool has been mixed, with corn-based ethanol production successfully meeting targets but cellulosic ethanol falling well short of them. A crucial difference in this setting...

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...

U.S. ethanol production capacity increased more than threefold between 2002 and 2008. We study the effect of this growth on corn acreage. Connecting annual changes in county-level corn acreage to changes in ethanol plant capacities, we find a positive effect on planted corn. The building of a...

A probabilistic financial model was developed to assess the economic feasibility of energy-cane-based hydrolysis ethanol production. At an expected price of $1.97/gallon and no tax credit, the chances of a positive NPV were 70%. By slightly increasing feedstock and ethanol yields by 5 units, the...

This article analyzes recent volatility spillovers in the United States from crude oil using futures prices. Crude oil spillovers to both corn and ethanol markets are somewhat similar in timing and magnitude, but moderately stronger to the ethanol market. The shares of corn and ethanol price...