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Towards a Resource Economics for Adaptive Managers AgEcon
Marshall, Graham R..
Adaptive management has become one of the catchphrases of the sustainable development literature, and is referred to increasingly in natural resource policy deliberations. Its advocates argue that natural resource sustainability issues are addressed more realistically and usefully as complex adaptive systems than as mechanistic systems. Resource economics has conventionally analysed such issues mechanistically, through the method of comparative statics. This paper explores the consequent limitations of conventional resource economics in supporting adaptive management, and offers signposts towards a resource economics with fewer of these limitations.
Tipo: Conference Paper or Presentation Palavras-chave: Adaptive management; Cost-effectiveness; Abatement costs; Transaction costs; Path dependence; Increasing returns.; Resource /Energy Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/57921
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Multi-Period Emissions Trading in the Electricity Sector - Winners and Losers AgEcon
Bode, Sven.
Emission trading has become recently more and more import in environmental regulation. In the context of controlling greenhouse gas emissions, the directive on a Europewide trading scheme for large immobile sources may be perceived as one of the most important milestones in recent years. Prior to its start, however, a number of very specific design features have to be agreed upon. In the political discussion, the question of how to allocate emission rights is considered as one of the most important issues. So far, a distribution (almost) free of charge is the option of choice. An aspect that has interestingly attracted little attention in the past is the question of how to allocate emission rights over time. This may for example be done on the basis of a...
Tipo: Working or Discussion Paper Palavras-chave: Abatement costs; Allocation of GHG allowances; Benchmark; Compliance costs; Electricity sector; Multi-period emission trading; Environmental Economics and Policy; H23; H25; L20; L52; L94; Q25; Q28.
Ano: 2004 URL: http://purl.umn.edu/26314
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Does geography matter in nutrient abatement? Bioeconomic model of heteregoneus farm nutrient loads AgEcon
Helin, Janne.
Economists often rely on stylised models for analysis of environmental policies. This study demonstrates that abstracting from soil and topography can have profound effect on marginal abatement costs of nutrient loads. By extending earlier bioeconomic models to represent heterogeneous soils and slopes, it is possible to show that targeting the abatement methods on high load risk areas allows low cost reduction. Ignoring the heterogeneity can lead to significant overestimates of the abatement costs and hence to misleading policy recommendations. The results hold even for relatively Flat areas, such as the watershed of River Kalajoki, for which the model was applied to.
Tipo: Conference Paper or Presentation Palavras-chave: Non-point source water pollution; Abatement costs; Heterogeneity; Agricultural and Food Policy; Environmental Economics and Policy; Q25; Q52.
Ano: 2009 URL: http://purl.umn.edu/51693
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Opt-in of the agricultural sector to the European trading scheme for greenhouse gas emissions – a proposal and its possible effects AgEcon
Perez Dominguez, Ignacio; Holm-Muller, Karin.
In light of international discussions on a possible opt-in of the agricultural sector to the current European emission trading system for greenhouse gases, the objective of this article is to present a feasible implementation strategy for a market of emission permits in European agriculture and to simulate its economic effects within the regionalised agricultural sector model CAPRI. With this purpose, we compare the effects of a 15% reduction of greenhouse gas emissions from European agriculture with and without a trading scheme. Our findings suggest that if significant emission abatement is to be achieved in the agricultural sector, efficiency gains from expanding the current emission trading scheme to this sector can be appreciable. An additional finding...
Tipo: Journal Article Palavras-chave: Climate gas emissions; Emission trading; Abatement costs; Agricultural policy; Modelling; Agricultural and Food Policy.
Ano: 2007 URL: http://purl.umn.edu/96766
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ESTIMATES OF PUBLIC SECTOR TRANSACTION COSTS IN NRCS PROGRAMS AgEcon
McCann, Laura M.J.; Easter, K. William.
When evaluating the economic efficiency of policies to reduce nonpoint source pollution, administrative or transaction costs are usually not taken into account. While the importance of transaction costs has been recognized in the theoretical literature, the fact that they are not incorporated in empirical analyses means that, in effect, these costs are given a zero value. This issue is examined quantitatively using data collected by the National Resource Conservation Service (NRCS). Transaction costs are found to be a significant portion (38 percent) of overall conservation costs. This provides strong support for including these costs in economic evaluations of alternative policy instruments.
Tipo: Journal Article Palavras-chave: NRCS; Transaction costs; Conservation practices; Abatement costs; Environmental policy; Environmental Economics and Policy.
Ano: 2000 URL: http://purl.umn.edu/15313
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The Ancillary Carbon Benefits of SO2 Reductions from a Small-Boiler Policy in Taiyuan, PRC AgEcon
Morgenstern, Richard D.; Krupnick, Alan J.; Zhang, Xuehua.
To reduce carbon emissions worldwide, it makes sense to consider the possibility of developed countries paying for carbon reductions in developing countries. Developing countries may be interested in such activities if the ancillary air pollution benefits are large. This paper reports on an RFF survey of the emissions benefits (and costs) of reducing sulfur dioxide (SO2) emissions from small, coal-burning boilers in Taiyuan, an industrial, northern Chinese city that recently banned uncontrolled coal combustion in certain small boilers in the downtown area. We find significant carbon benefits in percentage terms-on the order of 50% to 95% reduction-associated with this SO2 control policy, with large reduction potential elsewhere in Taiyuan and China. While...
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Air pollution; Informal sector; Ancillary benefits; Abatement costs; Survey; Environmental Economics and Policy; O12; L2; Q12; Q25; Q48.
Ano: 2002 URL: http://purl.umn.edu/10632
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