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Alternative Policies with Complementary Benefits: Targeting Greenhouse Emissions or Water Recharge on Farming Systems? AgEcon
Flugge, Felicity; Schilizzi, Steven.
Policies introduced to address one environmental objective can often have the side-benefit of also addressing other environmental objectives. This analysis uses a whole farm bioeconomic model to explore the farm level implications, economic and environmental, of a policy initially designed to reduce greenhouse emissions. We model a regulatory policy which imposes an upper limit on farm greenhouse emissions but allows trees to be used as carbon sinks to offset emissions. The implementation of this policy causes a reduction in whole farm profit, but in addition to decreasing emissions it also decreases groundwater recharge from the farming system and therefore contributes to the prevention of dryland salinity. The analysis compares this approach with using a...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/24392
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Greenhouse Gas Abatement Policies and the Value of Carbon Sinks: Do Grazing and Cropping Systems have Different Destinies? AgEcon
Flugge, Felicity; Schilizzi, Steven.
The impact of two greenhouse gas abatement policies on two Mediterranean-type farming systems, grazing dominant and cropping dominant, is examined. The policies analysed are; an emissions taxation policy and an emissions restrictions policy. For both farming systems the restriction policy is found to be more effective and economically efficient than the carbon permit policy. Absolute cost of abatement is less for the livestock dominant system but relative cost is greater, because of lower total farm profits. The analysis found that at predicted emissions permit prices, trees, if credited as a carbon sink, would be adopted by both farming systems to offset farm greenhouse gas emissions.
Tipo: Conference Paper or Presentation Palavras-chave: Greenhouse policy; Whole-farm modelling; Carbon sinks; Environmental Economics and Policy.
Ano: 2003 URL: http://purl.umn.edu/57865
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