The revised Renewable Fuels Standard (RFS2) mandates that cellulosic biofuels be part of the liquid transportation fuel mix and contribute to reducing our carbon footprint. Unfortunately, since no commercial cellulosic biorefinery exists and cellulosic biomass production is typically smaller...

We employ a multi-region computable general equilibrium model of the world economy to estimate changes in worldwide food insecurity that result from the imposition of the U.S. Renewable Fuels Standard.

With the increasing research interests in biofuels, global implications of biofuels production have been generally examined either in a partial equilibrium (PE) or general equilibrium (GE) frameworks. Though both of these approaches have unique strengths, they also suffer from many limitations...