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Greenhouse gases and Nutrients: The Interactions Between Concurrent New Zealand Trading Systems AgEcon
Kerr, Suzi; Kennedy, Marianna.
Emissions trading and nutrient trading interact in critical ways. The agricultural sector is a major emitter of both nutrients and greenhouse gases in New Zealand. Thus the simultaneous implementation of such systems will have a large impact on the farmers in affected catchments. Many of the mitigation options that are available to farmers, for example reducing animal numbers, will reduce both nutrient loss and greenhouse gas emissions. Thus the combined cost of control could be much less than the sum of the costs of the separate systems. The allocation of units under each system will also affect the same people. Monitoring systems for each pollutant could have common elements but could also impose a double burden. The interactions between the two systems...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Agricultural and Food Policy; Environmental Economics and Policy; Farm Management; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/96444
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Trading efficiency in water quality markets AgEcon
McDonald, Hugh J.; Kennedy, Marianna; Ngawhika, Simon; Kerr, Suzi.
A crucial factor in the success of any water quality trading market is its ability to cost-effectively reallocate nutrient allowances from initial holders to those users who find them most valuable; the market's trading efficiency. We explore causes of and solutions to trading inefficiency by assessing the impact on participant transaction costs and the tradeoffs that occur as a result of policy design decisions. Differing impacts of baseline-credit and cap-and-trade markets, the impact of trading rules and monitoring regimes are discussed in this endeavour. Possible solutions of increased information flows and regulatory certainty are also discussed. We then apply this framework to three existing water quality trading schemes; two from the US, and one...
Tipo: Conference Paper or Presentation Palavras-chave: Nutrient trading; Trading efficiency; Water quality markets; Transaction costs; Community/Rural/Urban Development; Environmental Economics and Policy; Health Economics and Policy; International Relations/Trade.
Ano: 2010 URL: http://purl.umn.edu/96949
Registros recuperados: 2
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