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Please use this identifier to cite or link to this item: http://purl.umn.edu/119183

Title: Economic and Environmental Impacts of Washington State Biofuel Policy Alternatives
Authors: McCullough, Michael
Holland, David W.
Painter, Kathleen M.
Stodick, Leroy
Yoder, Jonathan K.
Keywords: biodiesel
biofuel policy
computable general equilibrium
CO2 equivalent emissions
Issue Date: 2011
Abstract: A computable general equilibrium model is used to analyze the effectiveness of policy alternatives at achieving biofuel-related goals in Washington State. Policy regimes compared include blend mandates, generally funded volumetric and CO2e (CO2 equivalent) emissions-based tax/subsidy regimes, and revenue-neutral funded tax/subsidy regimes that use fossil fuel taxes to fund renewable fuel subsidies. Results suggest that a revenue-neutral CO2e emissions-based tax/subsidy is arguably the most effective single alternative for pursuing the full set of objectives emphasized in recent Washington State legislation.
URI: http://purl.umn.edu/119183
Institution/Association: Journal of Agricultural and Resource Economics>Volume 36, Number 3, December 2011
Total Pages: 15
From Page: 615
To Page: 629
Collections:Volume 36, Number 3, December 2011

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