Reports & Papers

This paper argues that the growing list of concerns about the impact of biofuel targets and mandates are the predictable result of a failure to follow the basic principles of good policy-making. Good policy-making requires developing a policy goal or target (i.e., reducing greenhouse gas emissions, reducing oil consumption, or increasing rural economic development) and designing an instrument to efficiently meet that particular goal. The more precise the goal, the better. In addition, for each target, there should be at least one policy instrument. You cannot meet two goals with only one instrument. This paper argues that the current U.S. biofuels mandates do not represent the most efficient or precise instrument to meet any of the policy's stated goals.

The Dominican Republic is well positioned to benefit from the development of an ethanol industry.  It has adequate land resources and, under favorable market conditions, can produce ethanol cost-competitively for both domestic consumption and export. The circumstances of the Dominican Republic are common to many developing nations considering biofuels development. The framework approach used in this paper and its conclusions may be applicable to biofuels initiatives in other developing nations.

Summary report from a joint ENRP/Sustainablity Science Program workshop convening experts from academia, international institutions, government, and the private sector to explore possible implications of emerging global biofuels markets for economic development and international trade.