Effects of Increased Biofuels on the U.S. Economy in 2022

Effects of Increased Biofuels on the U.S. Economy in 2022

Author: Mark Gehlhar

Publisher: DIANE Publishing

Published: 2011-04

Total Pages: 36

ISBN-13: 1437941826

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Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act calls for a Renewable Fuel Standard (RFS-2), which mandates that the U.S. increase the volume of biofuel that is blended into transportation fuel from 9 to 36 billion gallons from 2008 to 2022. This report examines how meeting the RFS-2 would affect various components of the U.S. economy. If biofuel production advances with cost-reducing technology, and petroleum prices continue to rise as projected, the RFS-2 could provide economywide benefits. However, the actual level of benefits depends on future oil prices and whether tax credits are retained. Illus. A print on demand publication.


Book Synopsis Effects of Increased Biofuels on the U.S. Economy in 2022 by : Mark Gehlhar

Download or read book Effects of Increased Biofuels on the U.S. Economy in 2022 written by Mark Gehlhar and published by DIANE Publishing. This book was released on 2011-04 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act calls for a Renewable Fuel Standard (RFS-2), which mandates that the U.S. increase the volume of biofuel that is blended into transportation fuel from 9 to 36 billion gallons from 2008 to 2022. This report examines how meeting the RFS-2 would affect various components of the U.S. economy. If biofuel production advances with cost-reducing technology, and petroleum prices continue to rise as projected, the RFS-2 could provide economywide benefits. However, the actual level of benefits depends on future oil prices and whether tax credits are retained. Illus. A print on demand publication.


Effects of Increased Biofuels on the U.S. Economy in 2022

Effects of Increased Biofuels on the U.S. Economy in 2022

Author: Mark J. Gehlhar

Publisher:

Published: 2015

Total Pages: 36

ISBN-13:

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Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This report examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economywide benefits. However, the actual level of benefits (or costs) to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022. If oil prices stabilize or decline from current levels and tax credits are retained, then benefits to the economy would diminish.


Book Synopsis Effects of Increased Biofuels on the U.S. Economy in 2022 by : Mark J. Gehlhar

Download or read book Effects of Increased Biofuels on the U.S. Economy in 2022 written by Mark J. Gehlhar and published by . This book was released on 2015 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This report examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economywide benefits. However, the actual level of benefits (or costs) to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022. If oil prices stabilize or decline from current levels and tax credits are retained, then benefits to the economy would diminish.


Effects of Increased Biofuels on the U. S. Economy In 2022

Effects of Increased Biofuels on the U. S. Economy In 2022

Author: United States Department of Agriculture

Publisher: CreateSpace

Published: 2015-07-27

Total Pages: 36

ISBN-13: 9781515235385

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Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This report examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economywide benefits. However, the actual level of benefits (or costs) to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022. If oil prices stabilize or decline from current levels and tax credits are retained, then benefits to the economy would diminish.


Book Synopsis Effects of Increased Biofuels on the U. S. Economy In 2022 by : United States Department of Agriculture

Download or read book Effects of Increased Biofuels on the U. S. Economy In 2022 written by United States Department of Agriculture and published by CreateSpace. This book was released on 2015-07-27 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This report examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economywide benefits. However, the actual level of benefits (or costs) to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022. If oil prices stabilize or decline from current levels and tax credits are retained, then benefits to the economy would diminish.


Effects of Increased Biofuels on the U.S. Economy in 2022

Effects of Increased Biofuels on the U.S. Economy in 2022

Author: Mark Gehlhar

Publisher:

Published: 2010

Total Pages: 2

ISBN-13:

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Book Synopsis Effects of Increased Biofuels on the U.S. Economy in 2022 by : Mark Gehlhar

Download or read book Effects of Increased Biofuels on the U.S. Economy in 2022 written by Mark Gehlhar and published by . This book was released on 2010 with total page 2 pages. Available in PDF, EPUB and Kindle. Book excerpt:


Renewable Fuel Standard

Renewable Fuel Standard

Author: National Research Council

Publisher: National Academies Press

Published: 2012-01-29

Total Pages: 416

ISBN-13: 0309187516

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In the United States, we have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. In recent years, many questions have been raised regarding the sustainability of our current pattern of high consumption of nonrenewable energy and its environmental consequences. Further, because the United States imports about 55 percent of the nation's consumption of crude oil, there are additional concerns about the security of supply. Hence, efforts are being made to find alternatives to our current pathway, including greater energy efficiency and use of energy sources that could lower greenhouse gas (GHG) emissions such as nuclear and renewable sources, including solar, wind, geothermal, and biofuels. The United States has a long history with biofuels and the nation is on a course charted to achieve a substantial increase in biofuels. Renewable Fuel Standard evaluates the economic and environmental consequences of increasing biofuels production as a result of Renewable Fuels Standard, as amended by EISA (RFS2). The report describes biofuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of biofuels production and the barriers to achieving the RFS2 consumption mandate. Policy makers, investors, leaders in the transportation sector, and others with concerns for the environment, economy, and energy security can rely on the recommendations provided in this report.


Book Synopsis Renewable Fuel Standard by : National Research Council

Download or read book Renewable Fuel Standard written by National Research Council and published by National Academies Press. This book was released on 2012-01-29 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the United States, we have come to depend on plentiful and inexpensive energy to support our economy and lifestyles. In recent years, many questions have been raised regarding the sustainability of our current pattern of high consumption of nonrenewable energy and its environmental consequences. Further, because the United States imports about 55 percent of the nation's consumption of crude oil, there are additional concerns about the security of supply. Hence, efforts are being made to find alternatives to our current pathway, including greater energy efficiency and use of energy sources that could lower greenhouse gas (GHG) emissions such as nuclear and renewable sources, including solar, wind, geothermal, and biofuels. The United States has a long history with biofuels and the nation is on a course charted to achieve a substantial increase in biofuels. Renewable Fuel Standard evaluates the economic and environmental consequences of increasing biofuels production as a result of Renewable Fuels Standard, as amended by EISA (RFS2). The report describes biofuels produced in 2010 and those projected to be produced and consumed by 2022, reviews model projections and other estimates of the relative impact on the prices of land, and discusses the potential environmental harm and benefits of biofuels production and the barriers to achieving the RFS2 consumption mandate. Policy makers, investors, leaders in the transportation sector, and others with concerns for the environment, economy, and energy security can rely on the recommendations provided in this report.


Biofuel Use in the U.S.

Biofuel Use in the U.S.

Author: Stefania Alonso

Publisher:

Published: 2012

Total Pages: 0

ISBN-13: 9781621004417

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Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This book examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economy-wide benefits. However, the actual level of benefits to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022.


Book Synopsis Biofuel Use in the U.S. by : Stefania Alonso

Download or read book Biofuel Use in the U.S. written by Stefania Alonso and published by . This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This book examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economy-wide benefits. However, the actual level of benefits to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022.


Biofuel Use in the U. S.

Biofuel Use in the U. S.

Author: Stefania Alonso

Publisher: Nova Science Publishers

Published: 2012-04

Total Pages: 138

ISBN-13: 9781621004882

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Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This book examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economy-wide benefits. However, the actual level of benefits to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022.


Book Synopsis Biofuel Use in the U. S. by : Stefania Alonso

Download or read book Biofuel Use in the U. S. written by Stefania Alonso and published by Nova Science Publishers. This book was released on 2012-04 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving greater energy security by reducing dependence on foreign petroleum is a goal of U.S. energy policy. The Energy Independence and Security Act of 2007 (EISA) calls for a Renewable Fuel Standard (RFS-2), which mandates that the United States increase the volume of biofuel that is blended into transportation fuel from 9 billion gallons in 2008 to 36 billion gallons by 2022. Long-term technological advances are needed to meet this mandate. This book examines how meeting the RFS-2 would affect various key components of the U.S. economy. If biofuel production advances with cost-reducing technology and petroleum prices continue to rise as projected, the RFS-2 could provide economy-wide benefits. However, the actual level of benefits to the U.S. economy depends importantly on future oil prices and whether tax credits are retained in 2022.


A Framework for Assessing Effects of the Food System

A Framework for Assessing Effects of the Food System

Author: National Research Council

Publisher: National Academies Press

Published: 2015-06-17

Total Pages: 340

ISBN-13: 030930783X

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How we produce and consume food has a bigger impact on Americans' well-being than any other human activity. The food industry is the largest sector of our economy; food touches everything from our health to the environment, climate change, economic inequality, and the federal budget. From the earliest developments of agriculture, a major goal has been to attain sufficient foods that provide the energy and the nutrients needed for a healthy, active life. Over time, food production, processing, marketing, and consumption have evolved and become highly complex. The challenges of improving the food system in the 21st century will require systemic approaches that take full account of social, economic, ecological, and evolutionary factors. Policy or business interventions involving a segment of the food system often have consequences beyond the original issue the intervention was meant to address. A Framework for Assessing Effects of the Food System develops an analytical framework for assessing effects associated with the ways in which food is grown, processed, distributed, marketed, retailed, and consumed in the United States. The framework will allow users to recognize effects across the full food system, consider all domains and dimensions of effects, account for systems dynamics and complexities, and choose appropriate methods for analysis. This report provides example applications of the framework based on complex questions that are currently under debate: consumption of a healthy and safe diet, food security, animal welfare, and preserving the environment and its resources. A Framework for Assessing Effects of the Food System describes the U.S. food system and provides a brief history of its evolution into the current system. This report identifies some of the real and potential implications of the current system in terms of its health, environmental, and socioeconomic effects along with a sense for the complexities of the system, potential metrics, and some of the data needs that are required to assess the effects. The overview of the food system and the framework described in this report will be an essential resource for decision makers, researchers, and others to examine the possible impacts of alternative policies or agricultural or food processing practices.


Book Synopsis A Framework for Assessing Effects of the Food System by : National Research Council

Download or read book A Framework for Assessing Effects of the Food System written by National Research Council and published by National Academies Press. This book was released on 2015-06-17 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: How we produce and consume food has a bigger impact on Americans' well-being than any other human activity. The food industry is the largest sector of our economy; food touches everything from our health to the environment, climate change, economic inequality, and the federal budget. From the earliest developments of agriculture, a major goal has been to attain sufficient foods that provide the energy and the nutrients needed for a healthy, active life. Over time, food production, processing, marketing, and consumption have evolved and become highly complex. The challenges of improving the food system in the 21st century will require systemic approaches that take full account of social, economic, ecological, and evolutionary factors. Policy or business interventions involving a segment of the food system often have consequences beyond the original issue the intervention was meant to address. A Framework for Assessing Effects of the Food System develops an analytical framework for assessing effects associated with the ways in which food is grown, processed, distributed, marketed, retailed, and consumed in the United States. The framework will allow users to recognize effects across the full food system, consider all domains and dimensions of effects, account for systems dynamics and complexities, and choose appropriate methods for analysis. This report provides example applications of the framework based on complex questions that are currently under debate: consumption of a healthy and safe diet, food security, animal welfare, and preserving the environment and its resources. A Framework for Assessing Effects of the Food System describes the U.S. food system and provides a brief history of its evolution into the current system. This report identifies some of the real and potential implications of the current system in terms of its health, environmental, and socioeconomic effects along with a sense for the complexities of the system, potential metrics, and some of the data needs that are required to assess the effects. The overview of the food system and the framework described in this report will be an essential resource for decision makers, researchers, and others to examine the possible impacts of alternative policies or agricultural or food processing practices.


Biofuel Co-products as Livestock Feed

Biofuel Co-products as Livestock Feed

Author: Harinder P. S. Makkar

Publisher: Food & Agriculture Organization of the UN (FAO)

Published: 2012

Total Pages: 556

ISBN-13:

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This publication covers a wide array of co-products.


Book Synopsis Biofuel Co-products as Livestock Feed by : Harinder P. S. Makkar

Download or read book Biofuel Co-products as Livestock Feed written by Harinder P. S. Makkar and published by Food & Agriculture Organization of the UN (FAO). This book was released on 2012 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication covers a wide array of co-products.


The Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies

The Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies

Author: Joshua S. Graff Zivin

Publisher: University of Chicago Press

Published: 2012-03-15

Total Pages: 310

ISBN-13: 0226988031

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Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs—created to support farmers but often benefiting crop processors instead—the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions between energy production, environmental protection, and the global food supply. Other contributions discuss the major effects of genetic engineering on worldwide food markets. By addressing some of the most challenging topics at the intersection of agriculture and biotechnology, this volume informs crucial debates.


Book Synopsis The Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies by : Joshua S. Graff Zivin

Download or read book The Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies written by Joshua S. Graff Zivin and published by University of Chicago Press. This book was released on 2012-03-15 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using economic models and empirical analysis, this volume examines a wide range of agricultural and biofuel policy issues and their effects on American agricultural and related agrarian insurance markets. Beginning with a look at the distribution of funds by insurance programs—created to support farmers but often benefiting crop processors instead—the book then examines the demand for biofuel and the effects of biofuel policies on agricultural price uncertainty. Also discussed are genetically engineered crops, which are assuming an increasingly important role in arbitrating tensions between energy production, environmental protection, and the global food supply. Other contributions discuss the major effects of genetic engineering on worldwide food markets. By addressing some of the most challenging topics at the intersection of agriculture and biotechnology, this volume informs crucial debates.