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Corn ethanol produced in the US and sugarcane ethanol produced in Brazil are the world’s leading sources of biofuel. Current US biofuel policies create both incentives and constraints for the import of ethanol from Brazil, and together with the competitiveness and greenhouse gas intensity of...
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A carbon tax would penalize carbon intensive fuels like gasoline and shift fuel consumption to less carbon intensive alternatives like biofuels. Since biofuel production competes for land with agriculture, a carbon tax could raise land rents, divert land towards fuel production, and raise...
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The ethanol tariff is one of the instruments used by the government to encourage domestic ethanol production. Existing literature analyzing the market and welfare effects of the US ethanol tariff has concluded that removing the tariff would increase social surplus and reduce greenhouse gas (GHG)...
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Policy intervention in the biofuel market has led to a significant increase in biofuel production and use in the past several years. However, the welfare effect of biofuelpolicies, specifically the ethanol tax credit for corn ethanol, ethanol import tariff andrenewable fuel standard (RFS)...
Persistent link: https://www.econbiz.de/10009477710
Biofuels have been promoted to achieve energy security and as a solution to reducing greenhouse gas (GHG) emissions from the transportation sector. This dissertation presents a framework to examine the extent to which biofuel policies reduce gasoline consumption and GHG emissions and their...
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