| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Contracting for Impure Public Goods: Carbon Offsets and Additionality
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| Autores: |
Mason, Charles F.
Plantinga, Andrew J.
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| Data: |
2011-03-08
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| Ano: |
2011
|
| Palavras-chave: |
Carbon Sequestration
Incentive Contracting
Offsets
Additionality
Environmental Economics and Policy
Q2
D8
L15
|
| Resumo: |
Governments contracting with private agents for the provision of an impure public good must contend with agents who would potentially supply the good absent any payments. This additionality problem is centrally important in the use of carbon offsets as part of climate change mitigation. Analyzing optimal contracts for forest carbon sequestration, an important offset category, we conduct a national-scale simulation using results from an econometric model of land-use change. The results indicate that for an increase in forest area of 50 million acres, annual government expenditures with optimal contracts are about $4 billion lower compared than under a uniform subsidy.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
http://purl.umn.edu/101290
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| Relação: |
Fondazione Eni Enrico Mattei (FEEM)>Sustainable Development Papers
SD
13.2011
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| Formato: |
38
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