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Effects of Low-cost Offsets on Energy Investment – New Perspectives on REDD – AgEcon
Golub, Alexander; Fuss, Sabine; Szolgayova, Jana; Obersteiner, Michael.
Tropical deforestation is one of the major sources of carbon emissions, but the Kyoto Protocol presently excludes avoiding these specific emissions to fulfill stabilization targets. Since the 13th Conference of the Parties (COP) to the UNFCCC in 2007, where the need for policy incentives for the reduction of emissions from deforestation and degradation (REDD) was first officially recognized, the focus of this debate has shifted to issues of implementation and methodology. One question is how REDD would be financed, which could be solved by integrating REDD credits into existing carbon markets. However, concern has been voiced regarding the effects that the availability of cheap REDD credits might have on energy investments and the development of clean...
Tipo: Working or Discussion Paper Palavras-chave: Real Options; Energy Investment; Cap-And-Trade; REDD; Environmental Economics and Policy; Q23; Q28.
Ano: 2009 URL: http://purl.umn.edu/50402
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Investment in Irrigation Systems under Weather Uncertainty AgEcon
Heumesser, Christine; Fuss, Sabine; Szolgayova, Jana; Strauss, Franziska; Schmid, Erwin.
Irrigated agriculture will play a crucial role to meet future food demand, but a sustainable water resource management in agriculture is crucial as well. Therefore, the European Water Framework Directive promotes several measures, e.g., the adoption of adequate water pricing mechanisms or the promotion of water-saving irrigation techniques. Since production conditions such as weather and climate development are uncertain, farmers might be reluctant to invest in a water-saving but capital intensive irrigation system. We apply a stochastic dynamic programming approach to analyze a farmer’s optimal investment strategy for either a water–saving drip irrigation system or sprinkler irrigation system under weather uncertainty and assess the probability of...
Tipo: Conference Paper or Presentation Palavras-chave: Irrigation investment; Stochastic dynamic programming approach; Water policies; Weather uncertainty; EPIC; Farm Management; Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/114536
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AGRICULTURAL PRICE VOLATILITY UNDER CLIMATE CHANGE: The Impact of Multiple Objectives on Commodity Prices AgEcon
Fuss, Sabine; Havlik, Petr; Szolgayova, Jana; Obersteiner, Michael; Schmid, Erwin.
Agricultural price volatility has moved to the forefront of research efforts and political discussion, where much work is already being undertaken with respect to the impact of fluctuations in input prices (e.g. fertilizer, feed and energy). In this paper we also want to take into account the impact of climate change on prices via increased volatility in crop yields. In addition, we analyze the impact of having multiple objectives competing for the land on which crops are grown. In particular, we want to address the concerns that have been voiced about biofuel targets and calls for prioritization of food security.
Tipo: Presentation Palavras-chave: Energy; Food security; Food price volatility; Optimization under uncertainty; Risk and Uncertainty; Q12; Q18; Q28; C61; D81.
Ano: 2012 URL: http://purl.umn.edu/122539
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Large-Scale Modelling of Global Food Security and Adaptation under Crop Yield Uncertainty AgEcon
Fuss, Sabine; Havlik, Petr; Szolgayova, Jana; Schmid, Erwin; Obersteiner, Michael.
Concerns about future food security in the face of volatile and potentially lower yields due to climate change have been at the heart of recent discussions on adaptation strategies in the agricultural sector. While there are a variety of studies trying to quantify the impact of climate change on yields, some of that literature also acknowledges the fact that these estimates are subject to substantial uncertainty. The question arises how such uncertainty will affect decision-making if ensuring food security is an explicit objective. Also, it will be important to establish, which options for adaptation are most promising in the face of volatile yields. The analysis is carried out using a stochastic version of the Global Biosphere Management Model (GLOBIOM)...
Tipo: Conference Paper or Presentation Palavras-chave: Food security; Food price volatility; Optimization under uncertainty; Adaptation; Land use change; Crop Production/Industries; Food Security and Poverty.
Ano: 2011 URL: http://purl.umn.edu/114347
Registros recuperados: 4
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