This paper develops a dynamic micro-economic land use model that maximizes social welfare and internalizes externality from greenhouse gas emissions to obtain the optimal land use allocation for traditional row crops and bioenergy crops (corn stover, miscanthus and switchgrass), the mix of...

This paper examines the extensive and intensive margin changes in land use in the U.S. likely to be induced by biofuel policies and the implications of these policies for GHG emissions over the 2007-2022 period. The policies considered here include the Renewable Fuel Standard (RFS) by itself as...

Biofuels have been promoted to achieve energy security and as a solution to mitigating climate change. This research presents a framework to examine the extent to which biofuel mandates and subsidies reduce gasoline consumption and their implications for the food and fuel prices. A dynamic,...

Renewable Portfolio Standards (RPSs) have been enacted in 29 states in the US, in part to encourage an increase in the amount of electricity generated from renewable sources. Biomass can be utilized in a dedicated bio-power plant to generate electricity, co-fired with coal at an existing power...

Increasing concerns about energy security and climate change mitigation have led to significant policy support for biofuels, particularly for cellulosic biofuels. This paper examines the short- and long-run effects of Renewable Fuel Standard (RFS) on the mix of biofuel feedstocks, food, fuel and...

A range of policies have been implemented in the agricultural, transportation, and electric power sectors, which comprise the majority of GHG emissions in the US. Two prominent policy sets are the national RFS and state-level RPSs. The purpose of this research is to examine the GHG implications...