@article{Skolrud:292327,
      recid = {292327},
      author = {Skolrud, Tristan D. and Galinato, Gregmar I.},
      title = {Revenue-Neutral Pollution Taxes in the Presence of a  Renewable Fuel Standard},
      journal = {Journal of Agricultural and Resource Economics},
      address = {2019-09},
      year = {2019},
      abstract = {We assess the welfare implications of a revenue-neutral  tax in the presence of two Renewable Fuel Standard (RFS)  policies for cellulosic biofuels: the waiver credit and the  input-ratio requirement. We extend the model of  revenue-neutral taxation to allow for the taxation of a  dirty input in an imperfectly competitive market while  integrating RFS-specific policies. Simulations from  Washington and Oregon indicate that a revenue-neutral tax  raises welfare by 19%'21% but growth in cellulosic ethanol  production is minimal, ranging from 0.6% to 1.5%. Pollution  taxes, cellulosic ethanol production, and welfare are more  responsive to the waiver credit than to the input-ratio  requirement.},
      url = {http://ageconsearch.umn.edu/record/292327},
      doi = {https://doi.org/10.22004/ag.econ.292327},
}