The rise in oil prices has spurred interest in biofuels. Policies in the United States like the renewable fuel standard (RFS) have led to an expansion of ethanol production, while the New Zealand government has mandated a minimum level of biofuel sales. The research used a partial equilibrium...

The question of whether there is any value to the temporary storage of carbon is fundamental to climate policy design across a number of arenas, including physical carbon discounting in greenhouse gas accounting, the relative value of temporary carbon offsets, and the value of other carbon...

General circulation models predict significant and accelerating changes in local patterns of precipitation and temperature over the next century. The vulnerability of agriculture to climate change will depend on both the biophysical impacts of climate change on crop yields and on the...