Low-carbon fuel policies such as the federal Renewable Fuel Standard (RFS) and California’s Low Carbon Fuel Standard (LCFS) encourage the use of low-carbon fuels through different incentive mechanisms. One outcome of these market-based designs is that incentives for fuel shuffling exist for...

The use of biofuels can increase land competition, leading to global land use change (LUC). LUC poses risks such as increased greenhouse gas emissions and food prices. The magnitude of the risk is uncertain, but could be significant. Given these uncertainties and risks, we suggest that...

• California’s low-carbon fuel market is growing. • Regulated parties in the State’s LCFS exceeded the requirements for 2011 and Q1 of 2012 by a substantial margin. • Based on available data, average compliance cost in August 2012 is $13/MT CO2e, adding about 0.1 cents per gallon to...

Petroleum fuels make up essentially all of the transportation fuels used today. But fossil fuel use has many economic and environmental downsides, including a weakening of our energy security due to reliance on imported energy sources, air pollution that impacts health, and greenhouse gas (GHG)...

Classification of carbon dioxide as a criteria pollutant under the National Ambient Air Quality Syandard (NAAQS) may effectively trigger a form of cap and trade policy that promotes reduction of greenhouse gas (GHG) emissions on a regional basis over time. While economy‐wide cap and trade...

Green Revolution technologies were developed and promoted in the 1960s in response to alarm about impending famine in Asia. By boosting food supplies and fostering development, the technologies were expected to create "breathing space" for completing demographic transitions there. This paper...