Full Title: US Biofuels Baseline and Impact of Extending the $0.45 Ethanol Blenders Credit
Author(s): Food and Agriculture Policy Research Institute
Publisher(s): FAPRI, University of Missouri
Publication Date: June 1, 2011
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Description (excerpt):
This report compares a slightly modified version of that baseline to an alternative scenario where the $0.45 per gallon ethanol tax credit and the $0.54 per gallon tariff are both extended indefinitely. Other biofuel policy assumptions are kept the same as in the 2011 FAPRI‐MU baseline A stochastic approach is used to explore these policy options under a range of market contexts.