The magnitude of land conversion caused by biofuels expansion largely determines whether biofuels reduce net greenhouse gas emissions. To examine this issue, we model how equilibrium changes in input use and land allocation decisions respond to market- and policy-induced increases in corn...

Land retirement and other agricultural conservation actions contribute greenhouse gas offsets and water quality improvements and reduce erosion and nitrogen runoff. Shifting the programmatic focus to carbon would enhance C sequestration and reduce nitrogen runoff, but would likely increase erosion.

The Waxman-Markey Bill (HR2454 American Clean Energy and Security Act of 2009) reflects the goal of the Obama administration to address climate change issues. The global nature of Green House Gas (GHG) emissions and the mitigation efforts imply a multi-lateral approach to the issue. This paper...

Delivery coefficients have long been used in economic analysis of policies that seek to address environmental problems like water pollution. However, the derivation and validity of delivery coefficients have not been examined carefully by empirical analyses. We derived estimates of delivery...