【11月12日】【能源经济学研讨会第34期】
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来源：人大经济论坛
能源经济学研讨会（第34期）
【演讲者】Madhu Khanna
【题目】Alternative Transportation Fuel Standards: Welfare Effects and Climate Benefits
【地点】中国人民大学明德主楼729会议室
【时间】2013年11月12日，星期二， 15:30—16:30
【内容简介】This paper develops an integrated model of the fuel and agricultural sectors to analyze the welfare and greenhouse gas emission (GHG) effects of the existing Renewable Fuel Standard (RFS), a Low Carbon Fuel Standard (LCFS) and a carbon price policy. The conceptual framework shows that these three policies differ in the incentives they create for the consumption and mix of different types of biofuels and in their effects on food and fuel prices and GHG emissions. We also apply a simulation model to analyze the welfare and GHG effects of these three policies which are normalized to achieve the same level of US GHG emissions. By promoting greater production of food-crop based biofuels, the RFS is found to lead to a larger reduction in fossil fuel use but also a larger increase in food prices and a smaller reduction in global GHG emissions compared to the LCFS and the carbon tax. All three policies increase US social welfare compared to a no-biofuel baseline scenario due to improved terms-of-trade, even when environmental benefits are excluded; global social welfare increases with a carbon tax but decreases with the RFS and LCFS due to the efficiency costs imposed by these policies, even after including the benefits of mitigating GHG emissions.
【演讲者简介】Dr. Khanna is a Professor in the Department of Agricultural and Consumer Economics at the University of Illinois Urbana-Champaign. She received her M.S. and Ph.D. degrees at the University of California, Berkeley. Her research specialties include technology adoption and voluntary approaches to pollution control; welfare analysis of alternative policy instruments for environmental protection; economic, land use and environmental implications of biofuels; and policies for carbon sequestration. Currently Dr. Khanna serves as the editor of American Journal of Agricultural Economics and is also a member of the Science Advisory Board Environmental Economics Committee for the U.S. Environmental Protection Agency. Her research interests focus on diverse topics in the field of environment and energy economics. She has published many papers in first-class journals so far, including Journal of Environmental Economics and Management, American Journal of Agricultural Economics, Energy Economics, Annual Review of Resource Economics, etc.
能源经济研讨会（EnergyEconomics Seminar）由中国人民大学经济学院能源经济系定期推出，旨在为研究中国能源经济问题的学者提供一个交流的平台，以促进我国能源经济的教学研究水平的提高。
更多学术演讲信息，请关注中国人民大学经济学院网站se.ruc.edu.cn
主办：中国人民大学经济学院能源经济系
【演讲者】Madhu Khanna
【题目】Alternative Transportation Fuel Standards: Welfare Effects and Climate Benefits
【地点】中国人民大学明德主楼729会议室
【时间】2013年11月12日，星期二， 15:30—16:30
【内容简介】This paper develops an integrated model of the fuel and agricultural sectors to analyze the welfare and greenhouse gas emission (GHG) effects of the existing Renewable Fuel Standard (RFS), a Low Carbon Fuel Standard (LCFS) and a carbon price policy. The conceptual framework shows that these three policies differ in the incentives they create for the consumption and mix of different types of biofuels and in their effects on food and fuel prices and GHG emissions. We also apply a simulation model to analyze the welfare and GHG effects of these three policies which are normalized to achieve the same level of US GHG emissions. By promoting greater production of food-crop based biofuels, the RFS is found to lead to a larger reduction in fossil fuel use but also a larger increase in food prices and a smaller reduction in global GHG emissions compared to the LCFS and the carbon tax. All three policies increase US social welfare compared to a no-biofuel baseline scenario due to improved terms-of-trade, even when environmental benefits are excluded; global social welfare increases with a carbon tax but decreases with the RFS and LCFS due to the efficiency costs imposed by these policies, even after including the benefits of mitigating GHG emissions.
【演讲者简介】Dr. Khanna is a Professor in the Department of Agricultural and Consumer Economics at the University of Illinois Urbana-Champaign. She received her M.S. and Ph.D. degrees at the University of California, Berkeley. Her research specialties include technology adoption and voluntary approaches to pollution control; welfare analysis of alternative policy instruments for environmental protection; economic, land use and environmental implications of biofuels; and policies for carbon sequestration. Currently Dr. Khanna serves as the editor of American Journal of Agricultural Economics and is also a member of the Science Advisory Board Environmental Economics Committee for the U.S. Environmental Protection Agency. Her research interests focus on diverse topics in the field of environment and energy economics. She has published many papers in first-class journals so far, including Journal of Environmental Economics and Management, American Journal of Agricultural Economics, Energy Economics, Annual Review of Resource Economics, etc.
能源经济研讨会（EnergyEconomics Seminar）由中国人民大学经济学院能源经济系定期推出，旨在为研究中国能源经济问题的学者提供一个交流的平台，以促进我国能源经济的教学研究水平的提高。
更多学术演讲信息，请关注中国人民大学经济学院网站se.ruc.edu.cn
主办：中国人民大学经济学院能源经济系
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