The Design of Renewable Fuel Mandates and Cost Containment Mechanisms

Lade, Gabriel; Lawell, C.-Y. Cynthia Lin

doi:10.1007/s10640-021-00558-w

Cited by 4 publications

(1 citation statement)

References 57 publications

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“…However, the results of this model reveal that when combined with a price ceiling, the LCFS approaches the efficiency of carbon tax as the policy becomes more stringent. This corroborates the results identified in Lade and Lin Lawell (2015b). At the time the LCFS policy was introduced, it was proposed in lieu of a transportation carbon tax for pragmatic reasons as it was understood that a carbon tax proposition would encounter greater political opposition (Sperling and Yeh, 2009).…”

Section: Introductionsupporting

confidence: 84%

Impact of Intensity Standards on Alternative Fuel Adoption: Renewable Natural Gas and California’s Low Carbon Fuel Standard

Scheitrum¹

2020

The Energy Journal

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Natural gas is a rapidly growing transportation fuel. While fossil natural gas is only slightly cleaner than conventional fuels, it provides a vector to introduce renewable natural gas (RNG) which can yield substantial emissions reductions. This paper considers RNG supply estimates from four possible sources: dairy manure, municipal solid waste, wastewater treatment plants, and landfill gas along with other major transportation fuels to evaluate the impact of California’s Low Carbon Fuel Standard (LCFS) a first of its kind fuel intensity standard. A static, multi-market, partial equilibrium, numerical model of the California fuel markets assesses the economic surplus and climate impact responses to the LCFS policy and compares the efficiency of the LCFS to a hypothetical carbon tax. Results indicate LCFS policy is sufficient to incentivize substantial quantities of RNG production. The LCFS approaches the efficiency of a carbon tax as the LCFS policy becomes more stringent when combined with a price ceiling.

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Section: Introductionsupporting

confidence: 84%

Impact of Intensity Standards on Alternative Fuel Adoption: Renewable Natural Gas and California’s Low Carbon Fuel Standard

Scheitrum¹

2020

The Energy Journal

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Corn ethanol in the Midwestern USA: Local competition, entry and agglomeration

Thome

Lawell

2021

Journal of Economic Geography

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This article analyzes the entry of corn-ethanol plants in the Midwestern USA, where the majority of corn in the USA is grown, during the second US ethanol boom. In particular, we examine whether the presence of existing ethanol plants affects ethanol plant entry decisions at the county level using discrete response panel models. There are two main channels through which existing ethanol plants may affect ethanol plant entry decisions: a competition effect and an agglomeration effect. Our results show that existing ethanol plants have a negative effect on the probability of ethanol plant entry in a given county. The net negative competition effect dissipates with distance. We also find that existing conglomerates and large ethanol producing firms in neighboring counties have a positive effect on ethanol plant entry, while existing singlet plants in neighboring counties do not. These results provide evidence for both local competition among ethanol plants within counties, as well as possible agglomeration benefits from existing conglomerates and large ethanol producing firms in neighboring counties.

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Climate Transition Risks and Trade Credit: Evidence from Chinese Listed Firms

Zhang,

Zhu,

et al. 2023

Preprint

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The Design of Renewable Fuel Mandates and Cost Containment Mechanisms

Cited by 4 publications

References 57 publications

Impact of Intensity Standards on Alternative Fuel Adoption: Renewable Natural Gas and California’s Low Carbon Fuel Standard

Impact of Intensity Standards on Alternative Fuel Adoption: Renewable Natural Gas and California’s Low Carbon Fuel Standard

Corn ethanol in the Midwestern USA: Local competition, entry and agglomeration

Climate Transition Risks and Trade Credit: Evidence from Chinese Listed Firms

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