This report compares a slightly modified version of that baseline2 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.
|Publisher||FAPRI, University of Missouri|
|Publication Date||June, 2011|
|Material Type||Written Material|