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Improving the Accuracy of UK Regulatory Cost Estimates AgEcon
MacLeod, Michael J.; Moran, Dominic; Harrington, Winston; Lago, Manuel; Morgenstern, Richard D..
UK Government departments are required to undertake a Regulatory Impact Assessment (RIA) when introducing any policy change that places a burden on businesses, charities, the voluntary sector or individuals. Part of this assessment involves the appraisal of the costs (and benefits) associated with complying with all the available options, as well as the wider economic costs. Recent evidence has suggested that the compliance costs, when assessed ex post, tend to be lower than the ex ante assessment made beforehand (see e.g. Harrington et al 1999). Accurate cost estimates are important as errors can lead to under or over regulation. This, in turn, can result in growth and innovation being hindered or, in the case of under regulation, growth being achieved at...
Tipo: Working or Discussion Paper Palavras-chave: Public Economics.
Ano: 2001 URL: http://purl.umn.edu/45874
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MARGINAL ABATEMENT COST CURVES FOR UK AGRICULTURAL GREENHOUSE GAS EMISSIONS AgEcon
Moran, Dominic; MacLeod, Michael J.; Wall, Eileen; Eory, Vera; McVittie, Alistair; Barnes, Andrew Peter; Rees, Robert; Topp, Cairistiona; Moxey, Andrew.
This paper addresses the challenge of developing a ‘bottom-up’ marginal abatement cost curve (MACC) for greenhouse gas emissions from UK agriculture. A MACC illustrates the costs of specific crop, soil, and livestock abatement measures against a ‘‘business as usual’’ scenario. The results indicate that in 2022 under a specific policy scenario, around 5.38 MtCO2 equivalent (e) could be abated at negative or zero cost. A further 17% of agricultural GHG emissions (7.85 MtCO2e) could be abated at a lower unit cost than the UK Government’s 2022 shadow price of carbon (£34 (tCO2e)-1). The paper discusses a range of methodological hurdles that complicate cost-effectiveness appraisal of abatement in agriculture relative to other sectors.
Tipo: Conference Paper or Presentation Palavras-chave: Climate change; Marginal abatement costs; Agriculture; Environmental Economics and Policy; Resource /Energy Economics and Policy; Q52; Q 54; Q58.
Ano: 2010 URL: http://purl.umn.edu/91399
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Exploring the meaning of disproportionate costs for the practical implementation of the Water Framework Directive AgEcon
Lago, Manuel; Moran, Dominic; MacLeod, Michael J..
The Water Framework Directive (WFD) is perhaps the most ambitious piece of environmental legislation in the history of the European Union. The Directive consolidates existing water-related legislation and has the stated objective of delivering good status (GS) for Europe’s surface waters and groundwaters. But meeting GS is cost dependent, and in some water bodies pollution abatements costs may be high or judged as disproportionate. The exact definition and assessment of disproportionate costs is central for the justification of time-frame derogations and/or lowering the environmental objectives (standards) for compliance at a water body. Official guidance is somewhat discretionary about the interpretation of disproportionate costs. Building on basic...
Tipo: Working or Discussion Paper Palavras-chave: Derogations; Cost-Effectiveness Analysis (CEA); Cost Benefit Analysis (CBA); Marginal Abatement Costs (MAC); Marginal Social Costs (MSC); Resource /Energy Economics and Policy.
Ano: 2006 URL: http://purl.umn.edu/46005
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The Origins, Operation and Future of Farmers’ Markets in Scotland AgEcon
MacLeod, Michael J..
There have been a number of supply chain adjustments in food and farming in Scotland in recent years, one of which has been the growth in the number of “farmers’ markets” (FMs). These are markets in which agricultural produce from a defined local area is sold by stallholders involved in the production process. The first markets in Scotland started in 1999, and the sector now has an estimated annual turnover of around £7m. While their origins can be traced to the crisis in farm incomes in the late 1990’s, they have come to be seen as a way of providing a range of market and non-market benefits to producers, consumers and wider society. The findings of a recent SAC project indicate that farmers’ markets are complex and display considerable variation, e.g. in...
Tipo: Working or Discussion Paper Palavras-chave: Marketing; Farm Management.
Ano: 2007 URL: http://purl.umn.edu/46006
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Marginal abatement cost curves for UK agriculture, forestry, land-use and land-use change sector out to 2022 AgEcon
Moran, Dominic; MacLeod, Michael J.; Wall, Eileen; Eory, Vera; McVittie, Alistair; Barnes, Andrew Peter; Rees, Bob; Smith, Peter; Moxey, Andrew.
Greenhouse gas emissions from agriculture, land use, land use change and forestry (ALULUCF) are a significant percentage of UK industrial emissions. The UK Government is committed to ambitious targets for reducing emissions and all significant industrial sources are coming under increasing scrutiny. The task of allocating shares of future reductions falls to the newly appointed Committee on Climate Change (CCC), which needs to consider efficient mitigation potential across a range of sectors. Marginal abatement cost curves are derived for a range of mitigation measures in the agriculture and forestry sectors over a range of adoption scenarios and for the years 2012, 2017 and 2022. The results indicate that in 2022 around 6.36 MtCO2e could be abated at...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/51065
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