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Biofuels and Legislation Linking Biofuel Supply and Demand using the FASOMGHG model

Collaborators. Darius Adams, Oregon StateRalph Alig, USDA Forest ServiceGerald Cornforth, TAMUGreg Latta, Oregon StateBrian Murray, RTIDhazn Gillig, TAMUChi-Chung Chen, TAMU, NTUMahmood El-Halwagi, TAMUUwe Schneider, University of HamburgBen DeAngelo, EPAKen Andrasko, EPASteve Rose, EPAFrancisco de la Chesnaye, EPA Ron Sands, PNNL, MarylandHeng-Chi Lee, TaiwanThien Muang, TAMUKenneth Szulczyk, TAMU Michael Shelby, EPASharyn Lie, EPASources of SupportUSDA DOE USEPA273

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Biofuels and Legislation Linking Biofuel Supply and Demand using the FASOMGHG model

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    1. Biofuels and Legislation Linking Biofuel Supply and Demand using the FASOMGHG model Bruce A. McCarl Regents Professor of Agricultural Economics Texas A&M University Presented at Nicolas Institute Conference: Economic Modeling of Federal Climate Proposals: Advancing Model Transparency and Technology Policy Development, Washington DC, July, 2007

    3. Topics of the day Biofuel background Biofuels and GHGs Biofuel economics Effects of energy price and GHG incentives Sector effects

    4. An Aside From a GHG perspective Biofuels ? Ethanol Particularly corn or sugar ethanol GHG offset = a1 * crop ethanol + a2 * cell ethanol + a3 * biodiesel + a4 * bio fueled electricity

    5. Biofuels are subject of intense interest Present in many bills Talked about in terms of Energy Security enhancement GHG offset Farm income support Balance of trade fix Most interest since late 1970’s

    8. Forces stimulating biofuels? Modeling Approach

    11. Biofuel feedstocks and products Ethanol Cell Ethanol BioDiesel Electricity Electricity Agricultural and forestry products: Corn, Wheat, Sorghum, Rice X Sugar Cane X Timber X X Production residues: Crop Residue X X Logging Residue X X Manure X Processing products and by products: Bagasse X X Soybean/Corn Oil X Rendered Animal Fat X Milling Residue X X Yellow Grease X Energy crops: Switchgrass X X Willow X X Hybrid Poplar X X Cell ethanol is prospective we don’t really have to know how to do at scale Electricity may be cofired

    18. Dynamics and Saturation

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