Greaker, Mads; Hoel, Michael; Rosendahl, Knut Einar - 2012
fuel standard. Opposed to most previous studies we model the supply of fossil fuels taking into account that fossil fuels … effects of the renewable fuel standard. We find that extraction of fossil fuels most likely will decline initially as a … consequence of the standard. Thus, if emissions from biofuels are sufficiently low, the standard will have beneficial climate …