Khanna, Madhu; Crago, Christine L. - In: Annual Review of Resource Economics 4 (2012) 1, pp. 161-184
The indirect land use change (ILUC) effect of biofuels has called into question the greenhouse gas (GHG) mitigation benefit of biofuels compared with that of fossil fuels. This article reviews the various economic modeling approaches being used to assess the ILUC effect and discusses the key...