Costs and Benefits to Taxpayers, Consumers, and Producers from U.S. Ethanol Policies

Babcock, Bruce A.; Barr, Kanlaya Jintanakul; Carriquiry, Miguel

doi:10.22004/ag.econ.92383

Cited by 6 publications

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The U.S. Biofuel Policy: Review of Economic and Environmental Implications

Adusumilli¹,

Leidner²

2014

ENV

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A major national initiative to generate renewable fuels from plant matter has taken shape in the U.S., primarily to reduce dependency on foreign oil and achieve reduction in greenhouse gases. However, the biofuel policies in the U.S. ignored for the most part, the potential synergies between food and biofuel production. As a result, their production has produced negative impacts on food security, natural resources, and climate. This paper reviews some of the recent literature identifying the economic and environmental consequences of the U.S. renewable fuel policy. The aim of this review is to understand the key regional threats to water security in the context of projected food and energy demand growth. Failure to account for unintended consequences in future policy development can jeopardize achieving the energy, agricultural, and environmental policy goals of the biofuels program.

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The U.S. Biofuel Policy: Review of Economic and Environmental Implications

Adusumilli¹,

Leidner²

2014

ENV

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Reducing GHG Emissions and Energy Input in the U.S. Supply Chain of Ethanol and Gasoline

Fatal

Kotsiri

Tejeda

et al. 2012

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A literature review of the market effects of federal biofuel policy and recommendations for future policy

Ayers

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The United States has had a federal biofuels policy since the 1970s. The purpose of this policy was to help the development of a biofuel industry during a time of high fuel prices in order to provide a domestic alternative to expensive foreign oil. Later the policy was changed to help lower the environmental impact caused by conventional fuels. Since that time the industry has grown and currently produces around 15 billion gallons of biofuels every year. The current federal biofuel policy is largely based on one program, the Renewable Fuel Standard (RFS), which mandates the production and blending of several different classes of biofuels and provides a form of subsidy to the biofuel industry. This paper The VEETC was allowed to expire along with the ethanol import tariff leaving the RFS as the only major biofuel policy still in place

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Costs and Benefits to Taxpayers, Consumers, and Producers from U.S. Ethanol Policies

Cited by 6 publications

References 0 publications

The U.S. Biofuel Policy: Review of Economic and Environmental Implications

The U.S. Biofuel Policy: Review of Economic and Environmental Implications

Reducing GHG Emissions and Energy Input in the U.S. Supply Chain of Ethanol and Gasoline

A literature review of the market effects of federal biofuel policy and recommendations for future policy

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