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Harvesting the Greenhouse through Altered Land Management: Economic Potential and Market Design Challenges AgEcon
Schneider, Uwe A.; McCarl, Bruce A.; Woodward, Richard T..
An Agricultural Sector Model is used to determine the economic potential of agricultural greenhouse gas emission reduction strategies within hypothetical emission mitigation markets. For a complete set of agricultural land management decisions, emissions and emission reductions of carbon dioxide, methane, and nitrous oxide are accounted for and simultaneously subjected to a wide range of carbon prices. The estimated, competitive emission abatement supply functions for major agricultural strategies are contrasted with two other commonly used measures of abatement potential: single strategy economic potential and technical potential. Specific agricultural production and market characteristics that further impact agriculture's mitigation potential are...
Tipo: Working or Discussion Paper Palavras-chave: Greenhouse gas emission mitigation market; Agricultural Sector Model; Economic potential; Environmental policy design; Non-point source; Cropland heterogeneity; Transaction cost; Emission leakage; Land Economics/Use.
Ano: 2001 URL: http://purl.umn.edu/18538
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Using Emissions Trading to Regulate U.S. Greenhouse Gas Emissions: An Overview of Policy Design and Implementation Issues AgEcon
Fischer, Carolyn; Kerr, Suzi; Toman, Michael.
In Kyoto in 1997, the US government agreed that between 2008 and 2012 it would limit average annual emissions of greenhouse gases (GHGs) to seven percent below 1990 levels. As participants in the climate policy debate consider various means by which limits on US GHG emissions might be undertaken in the wake of the Kyoto agreement, there is considerable interest but also some confusion about how a GHG trading program could be organized and operated in practice. In this paper we address several aspects of policy design for a US system, such as who and what is covered by regulation, the organization of the trading system, how carbon permits are allocated, and how a system could be initiated and changed over time. The paper synthesizes existing analyses and...
Tipo: Working or Discussion Paper Palavras-chave: Climate change; Emissions trading; Environmental policy design; Environmental Economics and Policy; Q25; Q28.
Ano: 1998 URL: http://purl.umn.edu/10501
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