Published in BioResources, Volume 4, Number 3, 2009, Pages 1070-1087.

Substitution of petroleum fuels with biofuels such as ethanol and biodiesel has been shown to reduce greenhouse gas (GHG) emissions. These GHG reductions can be traded in the emerging carbon markets, and methodologies for quantifying and trading are still being developed. The main challenges in...

Crude oil price speculation during 2000s could have increased installed capacity in corn ethanol plants beyond what was warranted by the market factors. We use Muth’s commodity pricing model and Flood and Garber’s tests to test for speculative investment in US corn ethanol industry. The...

When the lignocellulosic biofuels industry reaches maturity and many types of biomass sources become economically viable, management of multiple feedstock supplies – that vary in their yields, density (tons per unit area), harvest window, storage and seasonal costs, storage losses, transport...

Fuel ethanol demand is projected to increase because of proposed ban on methyl tertiary butyl ether (MTBE) in gasoline, renewable fuels standard, and the revised eight-hour ozone standards. In this paper, several scenarios of increased fuel ethanol demand and its effects on crop and feed prices,...

This paper proposes a Hegelian dialectic method as a teaching strategy to not only teach pluralism but also to compare and contrast it with the neoclassical economics. The Hegelian dialectic derives meaningful theories (or viewpoints) from opposing ideas and concepts, summarised by the triad...

The advances in technology, government grants and socio-environmental issues have caused a shift from corn to cellulose as ethanol feedstock, with more than 25 cellulosic ethanol plants being constructed in various parts of US (Ethanol RFA, 2008). Such a change in production and investment...

This article considers how economic research and rationale have changed the interpretation and implementation of US antitrust laws. Section 1 considers the two opposing ideologies that contributed to the development and implementation of US antitrust laws viz. INTENTIONAL and EVOLUTIONARY...