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Assessing the Impact of Cap-and-Trade Climate Legislation on Agriculture in the Northern Plains: A Policy Simulation with Farmer Preference and Adaption AgEcon
Jiang, Yong; Koo, Won W..
Tipo: Conference Paper or Presentation Palavras-chave: Cap-and-trade; Carbon sequestration; Climate change mitigation; Agricultural impact; Agricultural and Food Policy; Environmental Economics and Policy; Land Economics/Use; Production Economics; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/61532
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Cap-and-Trade: The Evolution of an Economic Idea AgEcon
Tietenberg, Tom.
Over the past three decades or so, emissions trading has evolved from an idea that was little more than an academic curiosity to its current role as the centerpiece of the U.S. program to control acid rain and international programs to control greenhouse gases. This essay identifies some of the key milestones of this evolution, describes how that evolution was shaped by economic analysis, elicits some of the lessons about the design and effectiveness of emissions trading that have emerged from analysis of that evolution, and points out a few of the barriers that lie in the path of achieving a truly global carbon market.
Tipo: Journal Article Palavras-chave: Emissions trading; Cap-and-trade; Climate policy; Environmental Economics and Policy; Political Economy; Public Economics.
Ano: 2010 URL: http://purl.umn.edu/95836
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What Can Laboratory Experiments Teach Us About Emissions Permit Market Design? AgEcon
Cason, Timothy N..
The laboratory provides a test bed to inform many design choices for emissions permit markets. Experiments are sometimes strongly motivated and structured by specific theoretical models and predictions, but in other cases the experiment itself can be the model of the market and regulatory environment. We review specific experimental applications that address design issues for permit auction rules, permit expiration dates and banking, liability rules, and regulatory enforcement.
Tipo: Journal Article Palavras-chave: Cap-and-trade; Auctions; Liability; Regulation; Compliance; Banking; Environmental Economics and Policy; Institutional and Behavioral Economics.
Ano: 2010 URL: http://purl.umn.edu/90819
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Early Emissions Reduction Programs: An Application to CO2 Policy AgEcon
Parry, Ian W.H.; Toman, Michael.
In the wake of the December 1997 Kyoto Protocol, which, if implemented, would oblige the United States and other industrialized countries to reduce greenhouse gases (GHGs) by 2008-2012, a number of proposals have been offered to increase the incentives for reducing emissions over the nearer term. The existence of an interim period between setting and implementing environmental goals is ubiquitous in environmental policymaking. The existence of this interim period gives rise to several potential rationales for early emissions reductions. In this paper we use a series of simple models and numerical illustrations to analyze some aspects of the performance of early emissions reduction programs in the case of GHGs. We show that there is a compelling economic...
Tipo: Working or Discussion Paper Palavras-chave: Early reduction credits; Carbon emissions; Welfare impacts; Permit banking; Cap-and-trade; Environmental Economics and Policy; Q28; H23; Q48.
Ano: 2000 URL: http://purl.umn.edu/10791
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ASSESSING THE IMPACTS OF CAP-AND-TRADE CLIMATE POLICY ON AGRICULTURAL PRODUCERS IN THE NORTHERN PLAINS: A POLICY SIMULATION WITH FARMER PREFERENCES AND ADAPTATION AgEcon
Jiang, Yong; Koo, Won W..
The purpose of this study is to examine the possible local impacts of cap-and-trade climate policy on agricultural producers in the Northern Plains. This study explicitly considers farmer behavior with respect to agricultural opportunity in carbon offset provision and ability of adaptation to mitigate the production cost impact under a cap-and-trade climate policy. Based on empirically estimated farmer behavior models, a policy simulation with agricultural census data identifies farmer acreage enrollment in carbon offset provision, carbon offset supplies and revenues, the production cost impacts of carbon prices, and impacts on net farm income and their distributions among heterogeneous farmers. Our analysis find that: 1) farmer ex ante preferences in...
Tipo: Conference Paper or Presentation Palavras-chave: Greenhouse gas; Cap-and-trade; Climate change; Agricultural impact; Economics; Carbon offsets; Agricultural and Food Policy; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2010 URL: http://purl.umn.edu/91278
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How Would Cap-and-Trade Climate Policy Affect Agricultural Producers in North Dakota? An Economic Analysis AgEcon
Jiang, Yong; Koo, Won W..
The purpose of this study is to examine the possible impacts of cap-and-trade climate policy on agricultural producers in North Dakota. In this study, we focused on carbon sequestration potential and production cost impacts of carbon prices, and explicitly considered farmer preferences and adaptation behavior to estimate the benefits and costs of greenhouse gas cap-and-trade. Based on empirically estimated farmer behavior models, a policy simulation with agricultural census data identified farmer acreage allocation for carbon sequestration, carbon offset supplies and revenues, the production cost impacts of carbon prices, and impacts on net farm income and their distributions among heterogeneous farmers. Our analysis found that: 1) farmer ex ante...
Tipo: Report Palavras-chave: Cap-and-trade; Climate change; Agricultural impacts; Economics; Carbon sequestration; Agricultural Finance; Financial Economics.
Ano: 2010 URL: http://purl.umn.edu/98170
Registros recuperados: 6
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