Renewable Energy Policy Alternatives for the Future

Tyner, Wallace E.; Taheripour, Farzad
December 2007
American Journal of Agricultural Economics;Dec2007, Vol. 89 Issue 5, p1303
Academic Journal
The article presents the renewable energy policy alternatives in the U.S. for the future. The country's ethanol subsidy has ranged from 40 to 60 cents per gallon over the entire time period. The rapid increase in its crude price led to an enormous boom in ethanol plant construction. In turn, its ethanol boom has led to a run-up in corn and other commodity prices in 2006-2007. The substantial increase of commodity prices provided debate over the food-fuel issue and raised interrogations whether renewable fuels can be supplied from corn alone. These have also led to discussions of alternative mechanisms for stimulating renewable fuels production.


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