Estimated Impacts of New Zealand Agriculture Climate Policy: A Tale of Two Catchments
AbstractAgricultural and forestry greenhouse gas (GHG) emissions are a key feature of New Zealand’s emissions profile, and New Zealand is the only country, to date, to have indicated that agricultural and forestry emissions will be covered under their domestic climate policy – the New Zealand Emissions Trading Scheme (NZETS). Forestry entered the NZETS in 2008 while agricultural emissions are expected to enter in 2015. Coupled with climate policy development is the increasing scrutiny of agricultural impacts on water in New Zealand. Given the multiple forms of environmental regulation facing the agricultural and forestry industries we explore, at the catchment level, the impacts of climate policy on the agricultural and forestry industries, including those on farm returns, GHG emissions, carbon sequestration, water quality and induced land use change. We use the recently developed New Zealand Forest and Agriculture Regional Model (NZ-FARM) to assess potential economic and environmental impacts of a climate policy that imposes a series of carbon prices on GHG emissions of land-based production in the Manawatu and Hurunui/Waiau catchments in New Zealand.
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Bibliographic InfoPaper provided by New Zealand Agricultural and Resource Economics Society in its series 2011 Conference, August 25-26, 2011, Nelson, New Zealand with number 115352.
Date of creation: 2011
Date of revision:
Agriculture and Forestry Modelling; Land Use; Climate Policy; Greenhouse Gas Emissions; Nutrient Loadings; Environmental Economics and Policy;
This paper has been announced in the following NEP Reports:
- NEP-AGR-2011-10-15 (Agricultural Economics)
- NEP-ALL-2011-10-15 (All new papers)
- NEP-ENE-2011-10-15 (Energy Economics)
- NEP-ENV-2011-10-15 (Environmental Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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