The impact of key US biofuel policies: An example of the US RFS and California's LCFS
Whistance, J; Thompson, W
| HERO ID | 11320538 |
|---|---|
| Year | 2019 |
| Title | The impact of key US biofuel policies: An example of the US RFS and California's LCFS |
| Book Title | Biofuels, bioenergy and food security: Technology, institutions and policies |
| Authors | Whistance, J; Thompson, W |
| Editor | Debnath, D; Babu, SC |
| Publisher Text | Academic Press |
| City | San Diego, CA |
| Page Numbers | 179-192 |
| Abstract | In this chapter, we highlight two prominent and overlapping renewable fuel policies in the United States: the Renewable Fuel Standard (RFS) at the federal level and the Low Carbon Fuel Standard (LCFS) in California. Although they are implemented at different levels, the policies have important cross-effects that influence consumer prices in both “regions,” the ability of obligated parties to meet policy requirements, and the ability to achieve social goals. We analyze hypothetical policy regimes using a set of partial equilibrium models covering both agricultural and biofuel markets. We find that the policies are mutually reinforcing, in that the implementation of one of these policies makes meeting the other policy easier. |
| Doi | 10.1016/B978-0-12-803954-0.00010-3 |
| Wosid | WOS:000667008600011 |
| Is Certified Translation | No |
| Dupe Override | No |
| Isbn | 9780128039540 |
| Is Public | Yes |
| Language Text | English |
| Keyword | greenhouse gas; motor fuel; renewable fuel; California; RFS; LCFS |