Indirect Land Use Change, Uncertainty and Biofuels Policy
biofuels, Environmental Protection Agency, ethanol, indirect land use change (ILUC), regulation
Illinois Law Review Symposium
Indirect land use change (ILUC) is a particular concern with ethanol produced from corn kernels since corn is such a major food crop (and livestock feed) and international food commodity markets are relatively inelastic. This article looks at how EPA dealt with uncertainty of regulating biofuels policy in the context of corn agriculture and the broader applicability to biofuels policy.