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Registros recuperados: 65 | |
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Hartell, Jason G.. |
“Multifunctionality” emphasizes the benefit externality properties of nonfood products that coincide with agricultural commodity production, some of which also have public-good properties. However, determining the willingness to pay for local benefit externalities is seen as necessary but daunting. This paper pursues the idea that the valuation process might first start by estimating the incentives required to supply various levels of a benefit externality. With the use of carbon sequestration through the adoption of no-till cultivation as an example of a multifunctional benefit externality, mathematical programming is used to derive representative price schedules. The implication for incentive prices are examined in light of risk aversion. |
Tipo: Journal Article |
Palavras-chave: Carbon sequestration; Externalities; Multifunctionality; Quadratic programming; C61; D62; Q12; Q21. |
Ano: 2004 |
URL: http://purl.umn.edu/43416 |
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Hansen, LeRoy T.. |
This analysis estimates the profitability of restoring wetlands for the sale of carbon offsets. Results indicate that about 7% to 12% of the recently restored grassed wetlands of the prairie pothole and high plains regions and 20% to 35% of the forested wetlands of the Mississippi alluvial valley and Gulf-Atlantic coastal flats regions could have carbon offset values that exceed the cost of restoring the wetland and the opportunity cost of moving the land out of agricultural production. Given the uncertainties, the analysis applies conservative estimates of wetlands’ costs, offset prices, and wetlands’ effects on greenhouse gases. |
Tipo: Report |
Palavras-chave: Carbon markets; Carbon sequestration; Offsets; Wetland restoration; Environmental Economics and Policy; Land Economics/Use. |
Ano: 2009 |
URL: http://purl.umn.edu/54551 |
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Moss, Jonathan; Cacho, Oscar J.; Mounter, Stuart W.. |
With the impending introduction of an Australian Carbon Pollution Reduction Scheme, farmers and landholders in rural Australia have increased opportunities to participate in the market. This includes the adoption of land-use change to sequester additional carbon in exchange for carbon credits and the production of a renewable energy source (biofuels). However, these land-use changes compete with existing farm enterprises and may contain significant transaction costs. Therefore it is necessary for the institutional arrangements to provide adequate incentives for landholders to adopt these land-use changes. This paper examines the potential supply of these land-use changes for climate mitigation from landholders in a northern NSW catchment. These results... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Border Rivers-Gwydir; Carbon sequestration; Land-use change; Resource /Energy Economics and Policy. |
Ano: 2010 |
URL: http://purl.umn.edu/59104 |
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Feng, Hongli. |
Carbon sequestration is a temporal process in which carbon is continuously being stored/released over time. Different methods of carbon accounting can be used to account for this temporal nature, including annual average carbon, annualized carbon, and ton-year carbon. In this paper, starting by exposing the underlying connections among these methods, we examine how the comparisons of sequestration projects are affected by these methods and the major factors affecting them. We explore the empirical implications for carbon sequestration policies by applying these accounting methods to the Upper Mississippi River Basin, a large and important agriculture area in the United States. We find that the differences are significant in terms of the location of land... |
Tipo: Working or Discussion Paper |
Palavras-chave: Annual average carbon; Annualized carbon; Carbon sequestration; Ton-year carbon; Environmental Economics and Policy. |
Ano: 2005 |
URL: http://purl.umn.edu/18438 |
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van Kooten, G. Cornelis. |
Activities that remove CO2 from the atmosphere and store it in forest and agricultural ecosystems can generate CO2-offset credits that can thus substitute for CO2 emissions reduction. Are biological CO2-uptake activities competitive with CO2 offsets from reduced fossil fuel use? In this paper, it is argued that transaction costs impose a formidable obstacle to direct substitution of carbon uptake offsets for emissions reduction in trading schemes, and that separate caps should be set for emissions reduction and sink-related activities. While a tax/subsidy scheme is preferred to emissions trading for incorporating biologically-generated CO2 offsets, contracts that focus on the activity and not the amount of carbon sequestered are most likely to lead to the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Carbon sequestration; Transaction costs; Climate change; Environmental Economics and Policy; Land Economics/Use; Q54; Q23; Q42; H23; D23. |
Ano: 2008 |
URL: http://purl.umn.edu/45505 |
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Feng, Hongli. |
The cost-effectiveness of carbon sequestration alternatives has often been discussed in the economics literature on sequestration. Average or marginal costs and annual carbon supply curves are often used as measures of cost-effectiveness. Sequestration is inherently a temporal process and how time is accounted for in the various measures of cost-effectiveness is critical for appropriate cross-study comparisons. I examine three factors that affect the magnitude of measured cost-effectiveness: the study period, the sequestration path, and the discount rate if discounting is used. The extent to which these factors affect the consistency of cross-study comparisons is empirically illustrated. |
Tipo: Working or Discussion Paper |
Palavras-chave: Annualization; Carbon sequestration; The study period; Environmental Economics and Policy. |
Ano: 2002 |
URL: http://purl.umn.edu/18451 |
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Feng, Hongli; Kling, Catherine L.; Gassman, Philip W.. |
Land use changes to sequester carbon also provide "co-benefits," some of which (for example, water quality) have attracted at least as much attention as carbon storage. The non-separability of these co-benefits presents a challenge for policy design. If carbon markets are employed, then social efficiency will depend on how we take into account co-benefits, that is, externalities, in such markets. If carbon sequestration is incorporated into conservation programs, then the weight given to carbon sequestration relative to its co-benefits will partly shape these programs. Using the Conservation Reserve Program (CRP) as an example, we show that CRP has been sequestering carbon, which was not an intended objective of the program. We also demonstrate that more... |
Tipo: Working or Discussion Paper |
Palavras-chave: Carbon sequestration; Co-benefits; Conservation Reserve Program; Environmental Economics and Policy. |
Ano: 2004 |
URL: http://purl.umn.edu/18336 |
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Feng, Hongli; Kurkalova, Lyubov A.; Kling, Catherine L.; Gassman, Philip W.. |
This study investigates the carbon sequestration potential and co-benefits from policies aimed at retiring agricultural land in the Upper Mississippi River Basin, a large, heavily agricultural area. We extend the empirical measurement of co-benefits from the previous focus on environmental benefits to include economic transfers. These transfers have often been mentioned as a co-benefit, but little empirical work measuring the potential magnitude of these transfers has previously been undertaken. We compare and contrast five targeting schemes, each based on maximizing different physical environmental measures, including carbon sequestration, soil erosion, nitrogen runoff, nitrogen leaching, as well as the area enrolled in the program. In each case, the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Carbon sequestration; Co-benefits; Co-effects; Economic transfers; Environmental benefits targeting; Upper Mississippi River Basin; Environmental Economics and Policy; Land Economics/Use. |
Ano: 2005 |
URL: http://purl.umn.edu/18423 |
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Registros recuperados: 65 | |
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