Biofuels and their by-products : Global economic and environmental implications 5

  title={Biofuels and their by-products : Global economic and environmental implications 5},
  author={Farzad Taheripour and Thomas W. Hertel and Wallace E. Tyner and Jayson F. Beckman and Dileep K. Birur},
The biofuel industry has been rapidly growing around the world in recent years. Several papers have used general equilibrium models and addressed the economy-wide and environmental consequences of producing biofuels at a large scale. They mainly argue that since biofuels are mostly produced from agricultural sources, their effects are largely felt in agricultural markets with major land use and environmental consequences. In this paper, we argue that virtually all of these studies have… CONTINUE READING

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