Study Finds Government Mandates Superior to All Other Biofuels Policies, But Mixing With Subsidies Causes Adverse Effects; The Argument for a Direct CO2 Tax
Green Car Congress
FEBRUARY 17, 2010
The gap between the intercept of the ethanol supply curve and the oil price creates large deadweight costs that may overwhelm any external benefits. Subsidies and mandates by themselves do not discriminate against international trade. However, production costs of US corn-ethanol are very high.
Let's personalize your content