Economic, Energy Security,And Greenhouse Gas Effects Of Biofuels: Implication…

Existing studies show that biofuels offer the potential for providing energy security and GHG mitigation, particularly with the development of cellulosic biofuel technologies, even after market-mediated effects are incorporated. The economic benefits with biofuel policies, arising due to the improvement in terms of trade for the United States, could, however,be several times larger than thes…