More than 40% of US grain is now used to produce biofuels, which are used as substitutes for gasoline in transportation. Biofuels have been blamed universally for recent increases in world food prices. Many studies have shown that these energy mandates in the US and EU may have a large (30-60%)...

This study develops a theoretical general equilibrium model to examine optimal externality tax policy in the presence of externalities linked to one another through markets rather than technical production relationships. Analytical results reveal that the second-best externality tax rate may be...

This paper develops sufficient conditions under which the Weak Green Paradox may (and may not) hold in terms of subsidies for biofuel production such that the supply-side responses by fossil fuel producers may more than offset the substitution to biofuels. Analytical results are derived and...

This chapter considers the relationship between intellectual property, and advanced biofuels against the background of larger public policy concerns about food security, energy transition, sustainable development, and climate change. It provides a case study of the partnership between Synthetic...

Themes of the volume: Biofuels: Potential Alternatives to Fossil Fuels -- Biofuel Economics and Policy: Biofuel Standard, Blending, and Future Insecurities -- Economic Transitions: from Biomass to Biofuels -- Biofuel Economy, Development, and Food Security.

This paper summarizes the main findings of the results in the literature on the role of ethanol in reducing retail gasoline prices in the United States. We provide a comprehensive overview of the key results and methodologies used to obtain them. The paper documents the growing research interest...

Die Erwartungen an die Produktion von Kraftstoffen (Bioethanol und Biodiesel) aus nachwachsenden Rohstoffen waren hoch. Neben politisch-strategischen Zielen, hier ging es um die Reduzierung der Abhängigkeit von Ölimporten, waren auch ökologische und ökonomische Gesichtspunkte entscheidende...