Affordable Access

A Prospective Analysis of Brazil and the U.S. Biofuel Policies: Impact on Land Use, Greenhouse Gas Emissions, and Social Welfare Using a Spatial Multi-Market Equilibrium Model

Authors

Abstract

Nunez_Onal_etal_VJuly I A Prospective Analysis of Brazil and the U.S. Biofuel Trade Selected Paper prepared for presentation at the Agricultural & Applied Economics Association’s 2011 AAEA & NAREA Joint Annual Meeting, Pittsburg, Pennsylvania, July 24-26, 2011 Hector M. Nuñez University of Illinois Urbana-Champaign Department of Agricultural and Consumer Economics 326 Mumford Hall, 1301 Gregory Drive Urbana, IL 61801 Email: [email protected] Hayri Önal University of Illinois Urbana-Champaign Department of Agricultural and Consumer Economics 326 Mumford Hall, 1301 Gregory Drive Urbana, IL 61801 Email: [email protected] Madhu Khanna University of Illinois Urbana-Champaign Department of Agricultural and Consumer Economics 326 Mumford Hall, 1301 Gregory Drive Urbana, IL 61801 Email: [email protected] Xiaoguang Chen University of Illinois Urbana-Champaign Energy Bioscience Institute Urbana, IL 61801 Email: [email protected] Haixiao Huang University of Illinois Urbana-Champaign Energy Bioscience Institute Urbana, IL 61801 Email: [email protected] Copyright 2011 by Hector M. Nuñez, Hayri Önal, Madhu Khanna, Xiaoguang Chen, and Haixiao Huang. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided this copyright notice appears on all such copies. 2 Biofuel use has been considered globally as part of the solution to mitigate greenhouse gas (GHG) emissions and to guarantee energy security in many fossil-fuel importer countries. The U.S. and Brazil are the world’s first and second largest biofuel producing countries, respectively, with Brazil as the biggest biofuel exporter. The U.S. Renewable Fuel Standard (RFS) has established a goal of 36 billion gallons (B Gal) of biofuel production in 2022, of which 21B Gal must be “advanced biofuels”, defined as biofuels with at least 50% GHG emis

There are no comments yet on this publication. Be the first to share your thoughts.