Ethanol Production and Gasoline Prices: A Spurious Correlation
Ethanol made from corn comprises 10% of U.S. gasoline, up from 3% in 2003. This dramatic increase was spurred by recent policy initiatives such as the Renewable Fuel Standard and state-level blend mandates and supported by direct subsidies such as the Volumetric Ethanol Excise Tax Credit. Some propo...
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Format: | Article |
Language: | English |
Published: |
International Association for Energy Economics (IAEE),
2015-09-24T13:58:24Z.
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Online Access: | Get fulltext |