000104008 001__ 104008
000104008 005__ 20180122215213.0
000104008 037__ $$a321-2016-10703
000104008 041__ $$aen
000104008 084__ $$aQ42
000104008 084__ $$aQ54
000104008 084__ $$aQ58
000104008 245__ $$aAre there Carbon Savings from US Biofuel Policies? Accounting for Leakage in Land and Fuel Markets
000104008 260__ $$c2011
000104008 269__ $$a2011
000104008 270__ $$mamb396@cornell.edu$$pBento,   Antonio M.
000104008 270__ $$mrlk99@cornell.edu$$pKlotz,   Richard
000104008 270__ $$mjrl256@cornell.edu$$pLandry,   Joel R.
000104008 300__ $$a58
000104008 336__ $$aConference Paper/ Presentation
000104008 490__ $$aSelected Paper
000104008 520__ $$aThis paper applies the insights of the carbon leakage literature to study the emissions consequences of biofuel policies. We develop a simple analytic framework to decompose the intended emissions impacts of
biofuel policy from four sources of carbon leakage: domestic fuel markets, domestic land markets, world land markets and world crude oil markets. A numerical simulation model illustrates the magnitude of each source of leakage for combinations of two current US biofuel policies: the Volumetric Ethanol Excise Tax Credit (VEETC) and the Renewable Fuel Standard (RFS). In the presence of both land and fuel market leakage, current US biofuel policies are unlikely to reduce greenhouse gases. Four of the five policy scenarios we consider lead to increases in greenhouse gas emissions. That is, total leakage was greater than 100%. The single scenario that generates emissions savings, the removal of the VEETC in conjunction with a binding RFS, only does so because negative leakage in the domestic fuel market offset the remaining positive sources of leakage.
000104008 542__ $$fLicense granted by Julia Kelly (jkelly@umn.edu) on 2011-05-05T05:17:53Z (GMT):

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000104008 650__ $$aAgricultural and Food Policy
000104008 650__ $$aLand Economics/Use
000104008 650__ $$aResource /Energy Economics and Policy
000104008 6531_ $$aMulti-market
000104008 6531_ $$acarbon leakage
000104008 6531_ $$abiofuels
000104008 6531_ $$agreenhouse gases
000104008 700__ $$aBento, Antonio M.
000104008 700__ $$aKlotz, Richard
000104008 700__ $$aLandry, Joel R.
000104008 8564_ $$s612889$$uhttp://ageconsearch.umn.edu/record/104008/files/Bento_%20Klotz_%20Landry%20AAEA%202011.pdf
000104008 887__ $$ahttp://purl.umn.edu/104008
000104008 909CO $$ooai:ageconsearch.umn.edu:104008$$pGLOBAL_SET
000104008 912__ $$nSubmitted by Julia Kelly (jkelly@umn.edu) on 2011-05-05T05:25:13Z
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  Previous issue date: 2011
000104008 982__ $$gAgricultural and Applied Economics Association>2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania
000104008 980__ $$a321