Research Article
Biofuel Expansion, Fertilizer Use, and GHG Emissions: Unintended Consequences of Mitigation Policies
Table 3
Change in commodity prices between baseline and fertilizer tax scenario.
| | 2011* | Long run** |
| Wheat FOB Gulf | 0.11% | 0.09% | Corn FOB Gulf | 0.25% | 0.14% | Soybean CIF Rotterdam | −0.07% | −0.05% | Beef Nebraska Direct | 0.01% | 0.01% | Barrow and Gilt, National | 0.01% | 0.08% | Broiler U.S. 12-City | 0.01% | 0.03% | Anhydrous ethanol, Brazil | 0.004% | 0.01% | Ethanol FOB Omaha | 0.05% | 0.08% | Biodiesel Central Europe FOB | 0.00% | −0.01% | Biodiesel plant | −0.01% | −0.02% |
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2011 is the first year of projection. Long-run equilibrium is imposed in 2023.
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