Biofuel subsidies could transform Pacific Northwest agriculture
The researchers created a detailed model to study economic impacts in the Pacific Northwest, focusing on two main issues: setting up a biofuel supply chain and predicting effects of climate change on farmers. They carefully fine-tuned the model by analyzing historical data and key economic parameters. The model showed that subsidies would be needed to establish a biofuel supply chain. Additionally, future changes in climate, population growth, and costs could significantly impact the wheat industry in the region.