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Global Warming and the Future of Pacific Island Countries AgEcon
Tisdell, Clement A..
This article briefly outlines the cause of global warming, its trends and consequences as indicated by the International Panel on Climate Change. Sea-level rise is one consequence of particular concern to Pacific island states. It also reviews the views of economists about connections between economic growth and global warming. Whereas the majority of economists did not foresee a conflict between economic growth and global warming, the possibility of such a conflict is now more widely recognized following the Stern Report. International efforts, such as through the Kyoto Protocol, to reduce greenhouse gas emissions and their atmospheric concentration are discussed and prospects for post-Kyoto policies are considered. It is predicted that a significant...
Tipo: Working or Discussion Paper Palavras-chave: Climate change; Environmental Kuznets curve; Global warming; Kyoto Protocol; Pacific islands; Post Kyoto; Sea-level rise; Small island developing states; Stern Report.; Environmental Economics and Policy; Resource /Energy Economics and Policy.
Ano: 2007 URL: http://purl.umn.edu/55106
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Allocation of CO2 Emissions Allowances in the Regional Greenhouse Gas Cap-and-Trade Program AgEcon
Burtraw, Dallas; Palmer, Karen L.; Kahn, Danny.
Cap-and-trade programs for air emissions have become the widely accepted, preferred approach to cost-effective pollution reduction. One of the important design questions in a trading program is how to initially distribute the emissions allowances. Under the Acid Rain program created by Title IV of the Clean Air Act, most emissions allowances were distributed to current emitters on the basis of a historic measure of electricity generation in an approach known as grandfathering. Recent proposals have suggested two alternative approaches: allocation according to a formula that is updated over time according to some performance metric in a recent year (the share of electricity generation or something else) and auctioning allowances to the highest bidders....
Tipo: Working or Discussion Paper Palavras-chave: Emissions trading; Allowance allocations; Electricity; Air pollution; Auction; Grandfathering; Generation performance standard; Output-based allocation; Cost-effectiveness; Greenhouse gases; Climate change; Global warming; Carbon dioxide; Sulfur dioxide; Nitrogen oxides; Mercury; Environmental Economics and Policy; Q2; Q25; Q4; L94.
Ano: 2005 URL: http://purl.umn.edu/10650
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Climate Policy in the United States and Japan: Prospects in 2005 and Beyond, Workshop Summary AgEcon
Pizer, William A.; Tamura, Kentaro.
Resources for the Future and the Institute for Global Environmental Strategies convened a one and one-half day workshop on domestic and international climate policy May 11-12, 2005, in Tokyo, Japan. The first day included 49 participants hearing presentations from 13 speakers and discussing domestic activities, economics, and politics. The second day included a smaller group of participants listening to a panel of four experts and discussing opportunities for future international climate regimes. Participants included government officials from the Japanese Ministry of the Environment; the Japanese Ministry of Economy, Trade and Industry; the U.S. Environmental Protection Agency; the U.S. Department of State; and the Massachusetts Department of Commonwealth...
Tipo: Working or Discussion Paper Palavras-chave: Climate change; Global warming; United States; Japan; Kyoto; Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/10657
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UNCERTAIN YIELDS IN SECTORAL WELFARE ANALYSIS: AN APPLICATION TO GLOBAL WARMING AgEcon
Lambert, David K.; McCarl, Bruce A.; He, Quifen; Kaylen, Michael S.; Rosenthal, Wesley; Chang, Ching-Cheng; Nayda, W.I..
Agriculture operates in an uncertain environment. Yields, prices, and resource usage can change dramatically from year to year. However, most analyses of the agricultural sector, at least those using mathematical programming methods, assume decision making is based on average yields, ignoring yield variability. This study examines how explicit consideration of stochastic yield outcomes influence a sector analysis. We develop a model that can be used for stochastic sector analysis. We extend the risk framework developed by Hazell and others to incorporate discrete yield outcomes as well as consumption activities dependent upon yield outcomes. An empirical application addresses a comparison between sector analysis with and without considerations of the...
Tipo: Journal Article Palavras-chave: Agricultural sector analysis; Global warming; Partial equilibrium models; Stochastic programming; Environmental Economics and Policy; Risk and Uncertainty.
Ano: 1995 URL: http://purl.umn.edu/15257
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O mercado de carbono como instrumento de conservação da floresta amazônica AgEcon
Lamarca Junior, Mariano Rua; Silva, Cesar Roberto Leite da.
Este trabalho analisa a questão ambiental presente nas políticas públicas para a região amazônica, incluindo a Lei de Gestão de Florestas Públicas (Lei 11.284/06), sancionada com o objetivo de regulamentar a gestão de florestas públicas no Brasil e promover o desenvolvimento sustentável. O Mecanismo de Desenvolvimento Limpo (MDL) do Protocolo de Kyoto é sugerido como instrumento de conservação florestal. Por meio de um cenário hipotético de desmatamento “zero” e 100% do carbono não emitido vinculado a projetos de conservação florestal, estimou-se que uma receita econômica equivalente à da exploração madeireira poderia ser obtida no mercado de carbono, contribuindo para a manutenção do equilíbrio climático reduzindo a emissão de Gases de Efeito Estufa, bem...
Tipo: Conference Paper or Presentation Palavras-chave: Mercado de carbono; Protocolo de Kyoto; Mecanismo de desenvolvimento limpo (MDL); Conservação da floresta amazônica; Aquecimento global; Carbon market; Kyoto Protocol; Clean development mechanism (CDM); Amazon forest conservation; Global warming; Resource /Energy Economics and Policy.
Ano: 2008 URL: http://purl.umn.edu/108159
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The Social Value of Using Biodiversity in New Pharmaceutical Product Research AgEcon
Simpson, R. David; Craft, Amy B..
Biologists and conservation advocates have expressed grave concern over perceived threats to biological diversity. "Biodiversity prospecting" -- the search among naturally occurring organisms for new products of agricultural, industrial, and, particularly, pharmaceutical value -- has been advanced as both a mechanism and a motive for conserving biological diversity. Economists and others have attempted to estimate the value of biodiversity for use in new pharmaceutical project research. Most of these existing approaches are incomplete, however, as they have not considered full social welfare, i.e., both consumer surplus and profit. This paper addresses social welfare by calibrating a model of competition between differentiated products with data from the...
Tipo: Working or Discussion Paper Palavras-chave: Biodiversity prospecting; Differentiated products; Pharmaceutical research and development; Biogeographic models; Global warming; Habitat conversion; Health Economics and Policy; D43; L13; Q29.
Ano: 1996 URL: http://purl.umn.edu/10877
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MEASURING THE ECONOMIC EFFECT OF GLOBAL WARMING ON VITICULTURE USING AUCTION, RETAIL AND WHOLESALE PRICES AgEcon
Ashenfelter, Orley; Storchmann, Karl.
In this paper we measure the effect of year to year changes in the weather on wine prices and winery revenue in the Mosel Valley in Germany in order to determine the effect that climate change is likely to have on the income of wine growers. A novel aspect of our analysis is that we compare the estimates based on auction, retail, and wholesale prices. Although auction prices are based on actual transactions, they provide a thick market only for high quality, expensive wines and may overestimate climate’s effect on farmer revenues. Wholesale prices, on the other hand, do provide broad coverage of all wines sold and probably come closest to representing the revenues of farmers. Overall, we estimate a 1°C increase in temperature would yield an increase in...
Tipo: Working or Discussion Paper Palavras-chave: Wine; Global warming; Auction prices; Retail prices; Wholesale prices; Demand and Price Analysis; Environmental Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/90482
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Environmental Governance, Globalisation and Economic Performance AgEcon
Tisdell, Clement A..
Increasing globalisation of economic activity and accompanying economic growth have been factors in the worldwide loss of natural environments and biodiversity loss, and these losses have accelerated since the beginning of the Industrial Revolution, Emissions of many types of pollutants and wastes from human activity are rising globally and are exceeding the capacity of natural environments to absorb and neutralize them. This problem is exacerbated by the fact that the quality and size of some natural sinks for neutralizing them (such as forests) are declining. Consequently, these wastes are accumulating in many environments and pose a growing threat to human welfare and to sustainable economic development. There are, for instance, global concerns about...
Tipo: Working or Discussion Paper Palavras-chave: Environmental economics; Environmental governance; Environmental law; Environmental regulation; Globalisation; Global warming; Greenhouse gases; Transboundary pollution; Transboundary natural resources.; Environmental Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/55341
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Climate Policy in the United States and Japan: A Workshop Summary AgEcon
Pizer, William A.; Tamura, Kentaro.
Resources for the Future and the Institute for Global Environmental Strategies (Japan) convened a one-and-one-half day workshop on domestic and international climate policy on February 12–-13, 2004 in Washington, D.C. On the first day, 55 participants heard presentations from 14 speakers and discussed domestic activities, economics, and politics. The second day featured a smaller group of 27 participants hearing six informal sets of comments and discussing opportunities for international collaboration. Participants included government officials from the Japanese Ministry of the Environment, the U.S. Environmental Protection Agency, and other U.S. administration and congressional staff; representatives from business and environmental groups; and academic...
Tipo: Working or Discussion Paper Palavras-chave: Climate change; Global warming; United States; Japan; Kyoto; Environmental Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/10771
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Cambio climático en Uruguay, posibles impactos y medidas de adaptación en el sector agropecuario. AgEcon
Gimenez, Agustin; Castano, Jose Pedro; Baethgen, Walter E.; Lanfranco, Bruno A..
El presente trabajo presenta un resumen de información sobre cambio climático observado en Uruguay y la región y posibles escenarios futuros. Dicha información se basa fundamentalmente en estudios conducidos y finalizados recientemente (2005-2009) en el país, en el marco del programa “Assessment of Impacts and Adaptation to Climate Change” (AIACC-START, TWAS, GEF) ( AIACC, 2006), en el “Análisis de la Estadística Climática y Desarrollo y Evaluación de Escenarios Climáticos e Hidrológicos de las principales Cuencas Hidrográficas del Uruguay y la Zona Costera” (Unidad de Cambio Climático de la DINAMA del MVOTMA de Uruguay, PNUD, GEF, 2005), en el estudio de “Identificación de Posibles Impactos del Cambio Climático en la Producción de Pasturas Naturales y de...
Tipo: Book Palavras-chave: Global warming; Agriculture and livestock production; Public policy; Extreme climate events.; Agricultural and Food Policy; Risk and Uncertainty; Q01; Q54; Q55; Q58.
Ano: 2009 URL: http://purl.umn.edu/121759
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MARKET-BASED SOLUTIONS TO ENVIRONMENTAL PROBLEMS: DISCUSSION AgEcon
Woodward, Richard T..
There is rapidly growing interest in the use of market-based (MB) instruments in environmental policy. The papers in this session discuss three relatively new areas for such policies: groundwater contamination, nonpoint source surface-water pollution and carbon sequestration. The papers point out the potential for MB policies in these areas, but significant challenges remain. This comment highlights challenges related to five issues: monitoring and enforcement, trading ratios, baselines, transaction costs, and risk and uncertainty. All these issues must be addressed before MB policies can take the full step from economic theory to regulatory reality.
Tipo: Journal Article Palavras-chave: Global warming; Carbon sequestration; Groundwater contamination; Nonpoint pollution; Effluent trading; Tradable emissions permits; Environmental Economics and Policy; Q2; Q28; Q25.
Ano: 2000 URL: http://purl.umn.edu/15501
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Impact of global warming on Chinese wheat productivity AgEcon
You, Liangzhi; Rosegrant, Mark W.; Fang, Cheng; Wood, Stanley.
Climate change continues to have major impact on crop productivity all over the world. While many researchers have evaluated the possible impact of global warming on crop yields using mainly indirect crop simulation models, there are relatively few direct assessments on the impact of observed climate change on past crop yield and growth. We use a 1979-2000 Chinese crop-specific panel dataset to investigate the climate impact on Chinese wheat yield growth. We find that a 1 percent increase in wheat growing season temperature reduces wheat yields by about 0.3 percent. This negative impact is less severe than those reported in other regions. Rising temperature over the past two decades accounts for a 2.4 percent decline in wheat yields in China while the...
Tipo: Working or Discussion Paper Palavras-chave: Global warming; Wheat yield; Production function; Marginal impact; Panel data; Climate; Wheat production; Crop Production/Industries; Environmental Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/58588
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Can an Effective Global Climate Treaty Be Based on Sound Science, Rational Economics, and Pragmatic Politics AgEcon
Stavins, Robert N..
The Kyoto Protocol (1997) to the United Nations Framework Convention on Climate Change (1992) may come into force without U.S. participation, but its effects on climate change will be trivial. At the same time, the economic and scientific consensus points to the need for a credible international approach. A reasonable starting point is the Framework Convention on Climate Change (FCCC), which was signed by 161 nations and ratified by 50, including the United States, and entered into force in 1994. In this paper, I remain agnostic on the question of the Kyoto Protocol's viability. Some analysts see the agreement as deeply flawed, while others see it as an acceptable or even excellent first step. But virtually everyone agrees that the Protocol is not...
Tipo: Working or Discussion Paper Palavras-chave: Global climate change; Global warming; Policy architecture; Kyoto Protocol; Environmental Economics and Policy; Q54; Q58; Q48; Q39.
Ano: 2004 URL: http://purl.umn.edu/10720
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TAXES AND QUOTAS FOR A STOCK POLLUTANT WITH MULTIPLICATIVE UNCERTAINTY AgEcon
Hoel, Michael; Karp, Larry S..
Replaced with revised version of paper 02/06/06.
Tipo: Working or Discussion Paper Palavras-chave: Pollution control; Asymmetric information; Taxes and quotas; Stochastic control; Global warming; Multiplicative disturbances; Environmental Economics and Policy; H21; Q28.
Ano: 1999 URL: http://purl.umn.edu/25030
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Global Warming and Hyperbolic Discounting AgEcon
Karp, Larry S..
The use of a constant discount rate to study long-lived environmental problems such as global warming has two disadvantages: the prescribed policy is sensitive to the discount rate, and with moderate discount rates, large future damages have almost no effect on current decisions. Time-consistent quasi-hyperbolic discounting alleviates both of these modeling problems, and is a plausible description of how people think about the future. We analyze the time-consistent Markov Perfect equilibrium in a general model with a stock pollutant. The solution to the linear-quadratic specialization illustrates the role of hyperbolic discounting in a model of global warming.
Tipo: Working or Discussion Paper Palavras-chave: Stock pollutant; Hyperbolic discounting; Global warming; Time consistency; Environmental Economics and Policy; D83; L50.
Ano: 2004 URL: http://purl.umn.edu/25069
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Air Emissions of Ammonia and Methane from Livestock Operations: Valuation and Policy Options AgEcon
Shih, Jhih-Shyang; Burtraw, Dallas; Palmer, Karen L.; Siikamaki, Juha.
The animal husbandry industry is a major emitter of methane, which is an important greenhouse gas. The industry is also a major emitter of ammonia, which is a precursor of fine particulate matter, arguably the number-one environment-related public health threat facing the nation. We present an integrated process model of the engineering economics of technologies to reduce methane and ammonia emissions at dairy operations in California. Three policy options are explored: greenhouse gas offset credits for methane control, particulate matter offset credits for ammonia control, and expanded net metering policies to provide revenue for the sale of electricity generated from captured methane gas. Individually, any of these policies appears to be sufficient to...
Tipo: Working or Discussion Paper Palavras-chave: Methane; Ammonia; Carbon dioxide; Greenhouse gases; Climate change; Offset; Particulate matter; Net metering; Environmental policy; CAFO; Manure management; Biodigester; Electricity; Global warming; Cost-benefit; Incentive approach; Livestock Production/Industries; Q2; Q4; Q53.
Ano: 2006 URL: http://purl.umn.edu/10749
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Turning up the heat on African agriculture: The impact of climate change on Cameroon’s agriculture AgEcon
Molua, Ernest L..
This paper examines the effect of changes in climatic averages on agricultural production at the national level in Cameroon. The empirical results reveal that Cameroon’s agriculture is influenced by climate variables. The economic value of the projected output in 2050 ranges from USD3.5 billion (41% less than the 1961–2001 mean value at 2.5oC increase in temperature and 8.5% increase in precipitation) to US$ 7.1 billion (18.5% greater than the 1961–2001 mean, for a 1.5°C increase in temperature and a 15% increase in precipitation). A 3.5% increase in temperature associated with a 4.5% increase in precipitation in the absence of irrigation facilities would be detrimental to Cameroon’s agriculture, leading to a loss of almost 46.7% in output value. This...
Tipo: Journal Article Palavras-chave: Cameroon; Agriculture; Climate variation; Global warming; Econometric methods; Resource /Energy Economics and Policy; O3; Q10; Q20.
Ano: 2008 URL: http://purl.umn.edu/56967
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Managing Global Climate Change An Executive Interview with David Lobell AgEcon
Jose, H. Douglas.
Many of the world’s poorest regions could face severe crop losses in the next two decades because of climate change, according to Dr. David Lobell, a Senior Research Scholar at Stanford University in the program on Food Security and Environment. The average world temperature is increasing slightly says Lobell and a one-degree Celsius increase over time greatly impacts climatic growing conditions. Unfortunately, agriculture is also the human enterprise most vulnerable to changes in climate. Understanding where these climate threats will be is central to our efforts in fighting hunger and poverty over the coming decades. Dr. Lobell outlines some of the challenges that lie ahead and steps researchers are taking to combat the issues. This interview was...
Tipo: Journal Article Palavras-chave: Food Security and Environment; Climate threats; Hunger and poverty; Global warming; Food Security and Poverty; Resource /Energy Economics and Policy; Risk and Uncertainty; Q10; Q27.
Ano: 2009 URL: http://purl.umn.edu/53805
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CO2 Allowance Allocation in the Regional Greenhouse Gas Initiative and the Effect on Electricity Investors AgEcon
Burtraw, Dallas; Kahn, Danny; Palmer, Karen L..
The Regional Greenhouse Gas Initiative (RGGI) is an effort by nine Northeast and Mid-Atlantic states to develop a regional, mandatory, market-based cap-and-trade program to reduce greenhouse gas (GHG) emissions from the electricity sector. The initiative is expected to lead to an increase in the price of electricity in the RGGI region and beyond. The implications of these changes for the value of electricity-generating assets and the market value of the firms that own them depends on the initial allocation of carbon dioxide allowances, the composition of generating assets owned by the firm, and the locations of those assets. Changes in asset values inside the RGGI region may be positive or negative, whereas changes outside of the RGGI region are almost...
Tipo: Working or Discussion Paper Palavras-chave: Emissions trading; Allowance allocations; Electricity; Air pollution; Auction; Grandfathering; Generation-performance standard; Output-based allocation; Cost-effectiveness; Greenhouse gases; Climate change; Global warming; Carbon dioxide; Asset value; Environmental Economics and Policy; Q2; Q25; Q4; L94.
Ano: 2005 URL: http://purl.umn.edu/10495
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Climate Policy Design under Uncertainty AgEcon
Pizer, William A..
The uncertainty surrounding both costs and benefits associated with global climate change mitigation creates enormous hurdles for scientists, stakeholders, and decision-makers. A key issue is how policy choices balance uncertainty about costs and benefits. This balance arises in terms of the time path of mitigation efforts as well as whether those efforts, by design, focus on effort or outcome. This paper considers two choices-price versus quantity controls and absolute versus relative/intensity emissions limits-demonstrating that price controls and intensity emissions limits favor certainty about cost over climate benefits and future emissions reductions. The paper then argues that in the near term, this favoritism is desired.
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Climate; Policy; Intensity; Global warming; Uncertainty; Price; Quantity; Environmental Economics and Policy; D81; Q54; Q58.
Ano: 2005 URL: http://purl.umn.edu/10584
Registros recuperados: 98
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