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A DYNAMIC GENERAL EQUILIBRIUM ANALYSIS OF U.S. BIOFUELS PRODUCTION AgEcon
Beach, Robert H.; Birur, Dileep K.; Davis, Lauren M.; Ross, Martin T..
With the rising global interest in energy security and climate change mitigation, biofuels have gained the prominent attention of researchers and policy makers. The U.S. has emerged as the leading producer of biofuels and is aiming for achieving a target of 36 billion gallons of renewable fuels by 2022 under its updated renewable fuels standard (RFS2) policy. In this paper, we study the longer-term global implications of large-scale renewable fuels production in the U.S. We utilize the GTAP v7.1 data base and introduce a detailed breakdown of agricultural crops, first and second generation biofuels and by-products. We update this fully disaggregated data base to reflect the 2010 global economy, based on secondary data for the sectors and regions included....
Tipo: Conference Paper or Presentation Palavras-chave: ADAGE; Biofuels; Computable General Equilibrium; Recursive Dynamic; Resource /Energy Economics and Policy.
Ano: 2011 URL: http://purl.umn.edu/103965
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