This paper provides the first comprehensive economic and life cycle analysis for three major proposed cellulosic feedstocks for biofuels: corn stover, miscanthus, and switchgrass. This economic and environmental evaluation is needed to determine if (how) the emissions reduction requirement in...

Tradable emissions permits have been implemented to control pollution levels in various markets around the world and represent a major component of legislative efforts to control greenhouse gas (GHG) emissions in the United States. Because permits are supplied for a fixed level of pollution,...

The biofuel industry has been rapidly growing around the world in recent years. Several papers have used general equilibrium models and addressed the economy-wide and environmental consequences of producing biofuels at a large scale. They mainly argue that since biofuels are mostly produced from...