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Apr 19, 2024
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AEM 6840 - [Economics of Biofuels: Implications for the Nexus of Agricultural, Energy and Environmental Policies] Fall. (Not offered every year) 2-3 credits, variable.
Prerequisite: knowledge of microeconomics.
H. deGorter.
Topics include feedstock-biofuel-oil price linkages, profitability, tax credits versus mandates, sub-optimal environmental and energy policies, policy interactions, international trade models, import tariffs, “subsidy” component of biofuel policies and the WTO, life-cycle accounting and sustainability standards, developing countries and poverty, food-versus-fuel debate, and implications for technology and farm subsidies.
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