IDEAS home Printed from https://ideas.repec.org/p/ags/aare03/57865.html
   My bibliography  Save this paper

Greenhouse Gas Abatement Policies and the Value of Carbon Sinks: Do Grazing and Cropping Systems have Different Destinies?

Author

Listed:
  • Flugge, Felicity
  • Schilizzi, Steven

Abstract

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.

Suggested Citation

  • Flugge, Felicity & Schilizzi, Steven, 2003. "Greenhouse Gas Abatement Policies and the Value of Carbon Sinks: Do Grazing and Cropping Systems have Different Destinies?," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57865, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare03:57865
    DOI: 10.22004/ag.econ.57865
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/57865/files/2003_flugge.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.57865?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Bathgate, Andrew & Pannell, David J., 2002. "Economics of deep-rooted perennials in western Australia," Agricultural Water Management, Elsevier, vol. 53(1-3), pages 117-132, February.
    2. Greg Murtough & Barbara Aretino & Anna Matysek, 2002. "Creating markets for ecosystem services," Urban/Regional 0207001, University Library of Munich, Germany.
    3. Murtough, Greg & Aretino, Barbara & Matysek, Anna, 2002. "Creating Markets for Ecosystem Services," Staff Research Papers 31912, Productivity Commission.
    4. George, R. J. & Nulsen, R. A. & Ferdowsian, R. & Raper, G. P., 1999. "Interactions between trees and groundwaters in recharge and discharge areas - A survey of Western Australian sites," Agricultural Water Management, Elsevier, vol. 39(2-3), pages 91-113, February.
    5. Kingwell, R., 2002. "Sheep animal welfare in a low rainfall Mediterranean environment: a profitable investment?," Agricultural Systems, Elsevier, vol. 74(2), pages 221-240, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Flugge, Felicity & Schilizzi, Steven, 2003. "Alternative Policies with Complementary Benefits: Targeting Greenhouse Emissions or Water Recharge on Farming Systems?," 14th Congress, Perth, Western Australia, August 10-15, 2003 24392, International Farm Management Association.
    2. Young, Michael & Kingwell, Ross & Young, John & Vercoe, Phil, 2020. "An economic analysis of sheep flock structures for mixed enterprise Australian farm businesses," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), July.
    3. Michael Young & Ross Kingwell & John Young & Phil Vercoe, 2020. "An economic analysis of sheep flock structures for mixed enterprise Australian farm businesses," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 64(3), pages 677-699, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Whitten, Stuart M. & Salzman, James & Shelton, Dave & Procter, Wendy, 2003. "Markets for ecosystem services: Applying the concepts," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 58269, Australian Agricultural and Resource Economics Society.
    2. Hajkowicz, Stefan & Young, Michael D., 2003. "Economic Impacts Of Dryland Salinity For Grains Industries," 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia 57884, Australian Agricultural and Resource Economics Society.
    3. Angelos Alamanos & Phoebe Koundouri, 2022. "Economics of Incorporating Ecosystem Services into Water Resource Planning and Management," DEOS Working Papers 2211, Athens University of Economics and Business.
    4. Ribaudo, Marc & Greene, Catherine & Hansen, LeRoy & Hellerstein, Daniel, 2010. "Ecosystem services from agriculture: Steps for expanding markets," Ecological Economics, Elsevier, vol. 69(11), pages 2085-2092, September.
    5. Greenhalgh, Suzie, 2008. "Bundled Ecosystem Markets – Are They The Future?," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6166, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    6. Coggan, Anthea & Whitten, Stuart M. & Bennett, Jeff, 2010. "Influences of transaction costs in environmental policy," Ecological Economics, Elsevier, vol. 69(9), pages 1777-1784, July.
    7. Jackie Robinson & Jared Dent & Rob Fearon, 2011. "Designing Suites of Incentives to Encourage Sustainable Land Management in Rural Queensland," Discussion Papers Series 452, School of Economics, University of Queensland, Australia.
    8. Bathgate, A. & Revell, C. & Kingwell, R., 2009. "Identifying the value of pasture improvement using wholefarm modelling," Agricultural Systems, Elsevier, vol. 102(1-3), pages 48-57, October.
    9. Ribaudo, Marc & Hansen, LeRoy T. & Hellerstein, Daniel & Greene, Catherine R., 2008. "The Use of Markets To Increase Private Investment in Environmental Stewardship," Economic Research Report 56473, United States Department of Agriculture, Economic Research Service.
    10. Sell, Joachim & Koellner, Thomas & Weber, Olaf & Pedroni, Lucio & Scholz, Roland W., 2006. "Decision criteria of European and Latin American market actors for tropical forestry projects providing environmental services," Ecological Economics, Elsevier, vol. 58(1), pages 17-36, June.
    11. Pannell, David J. & Ewing, Michael A., 2006. "Managing secondary dryland salinity: Options and challenges," Agricultural Water Management, Elsevier, vol. 80(1-3), pages 41-56, February.
    12. Valle, Haydn & Capon, Timothy & Harris, Michael & Reeson, Andrew, 2012. "Coordination and Strategic Behaviour in Landscape Auctions," 2012 Conference (56th), February 7-10, 2012, Fremantle, Australia 124466, Australian Agricultural and Resource Economics Society.
    13. Phoebe Koundouri & Angelos Alamanos & Kostas Dellis & Artemis Stratopoulou, 2022. "Ecosystem Services into Water Resource Planning and Management," DEOS Working Papers 2230, Athens University of Economics and Business.
    14. Flugge, Felicity & Schilizzi, Steven, 2003. "Alternative Policies with Complementary Benefits: Targeting Greenhouse Emissions or Water Recharge on Farming Systems?," 14th Congress, Perth, Western Australia, August 10-15, 2003 24392, International Farm Management Association.
    15. Rose, Gus & Kingwell, Ross S., 2009. "Seasonal labour is the most profitable use of labour in broadacre crop dominant farms," 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia 47947, Australian Agricultural and Resource Economics Society.
    16. Kingwell, Ross & Fuchsbichler, Amy, 2011. "The whole-farm benefits of controlled traffic farming: An Australian appraisal," Agricultural Systems, Elsevier, vol. 104(7), pages 513-521, September.
    17. Doole, Graeme J. & Romera, Alvaro J. & Leslie, Jennifer E. & Chapman, David F. & Pinxterhuis, Ina (J.B.). & Kemp, Peter D., 2021. "Economic assessment of plantain (Plantago lanceolata) uptake in the New Zealand dairy sector," Agricultural Systems, Elsevier, vol. 187(C).
    18. Senthold Asseng & David Pannell, 2013. "Adapting dryland agriculture to climate change: Farming implications and research and development needs in Western Australia," Climatic Change, Springer, vol. 118(2), pages 167-181, May.
    19. Doole, Graeme J. & Vigiak, Olga & Pannell, David J. & Roberts, Anna M., 2013. "Cost-effective strategies to mitigate multiple pollutants in an agricultural catchment in North Central Victoria, Australia," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 57(3).
    20. Burton, Michael P. & Marsh, Sally P. & Patterson, Josie, 2000. "Community attitudes towards water management in the Moore Catchment, WA," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 123616, Australian Agricultural and Resource Economics Society.

    More about this item

    Keywords

    Environmental Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aare03:57865. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.