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Social and Behavioral Sciences Commons

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Oil, Gas, and Energy

Iowa State University

Energy security

Articles 1 - 2 of 2

Full-Text Articles in Social and Behavioral Sciences

Implied Objectives Of U.S. Biofuel Subsidies, Ofir D. Rubin, Miguel Carriquiry, Dermot J. Hayes Feb 2008

Implied Objectives Of U.S. Biofuel Subsidies, Ofir D. Rubin, Miguel Carriquiry, Dermot J. Hayes

CARD Working Papers

Biofuel subsidies in the United States have been justified on the following grounds: energy independence, a reduction in greenhouse gas emissions, improvements in rural development related to biofuel plants, and farm income support. The 2007 energy act emphasizes the first two objectives. In this study, we quantify the costs and benefits that different biofuels provide. We consider the first two objectives separately and show that each can be achieved with a lower social cost than that of the current policy. Then, we show that there is no evidence to disprove that the primary objective of biofuel policy is to support ...


A Comparative Analysis Of The Development Of The United States And European Union Biodiesel Industries, Miguel Carriquiry Jul 2007

A Comparative Analysis Of The Development Of The United States And European Union Biodiesel Industries, Miguel Carriquiry

CARD Briefing Papers

Worldwide production of biodiesel is growing at a rapid pace. Arguably, the European Union (EU) is the global leader in biodiesel production, but the United States has recently expanded its production. The growth of the biodiesel industry in both regions has been fueled by a series of government-provided financial incentives. However, the timing of the growth and incentive provisions, the nature of the main incentives, and the market conditions differ across regions. This article provides a comparative analysis of the EU and U.S. biodiesel industries, highlighting market and policy aspects that are leading to a rapid but distinct growth.