Bioenergy Economics and Policy: Introduction and Overview -- Are Biofuels the Best Use of Sunlight? -- Perennial Grasses as Second-Generation Sustainable Feedstocks Without Conflict with Food Production -- Present and Future Possibilities for the Deconstruction and Utilization of Lignocellulosic...

This paper develops an endogenous growth model which links pollution to ineffective input-use, which can be reduced through conservation capital investment. It derives the conditions under which individual preferences for environmental quality and private investment in conservation capital can...