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The Potential of U.S. Agriculture and Forestry to Mitigate Greenhouse Gas Emissions: An Agricultural Sector Analysis

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Author Info
Schneider, Uwe A.
McCarl, Bruce A.

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Abstract

Mathematical programming is used to examine the economic potential of greenhouse gas mitigation strategies in U.S. agriculture and forestry. Mitigation practices are entered into a spatially differentiated sector model and are jointly assessed with conventional agricultural production. Competition among practices is examined under a wide range of hypothetical carbon prices. Simulation results demonstrate a changing portfolio of mitigation strategies across carbon prices. For lower prices, preferred strategies involve soil and livestock options; higher prices, however, promote mainly afforestation and biofuel generation. Results demonstrate the sensitivity of individual strategy potentials to assumptions about alternative opportunities. Assessed impacts also include market shifts, regional strategy diversity, welfare distribution, and environmental co-effects.

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Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 2107.

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Date of creation: 30 May 2002
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Handle: RePEc:isu:genres:2107

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A1 - General Economics and Teaching - - General Economics

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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.:
  1. Adams, Richard M, et al, 1993. "Sequestering Carbon on Agricultural Land: Social Cost and Impacts on Timber Markets," Contemporary Economic Policy, Oxford University Press, vol. 11(1), pages 76-87, January.
  2. Onal, Hayri & McCarl, Bruce A, 1989. "Aggregation of Heterogeneous Firms in Mathematical Programming Models," European Review of Agricultural Economics, Oxford University Press for the Foundation for the European Review of Agricultural Economics, vol. 16(4), pages 499-513.
  3. Alig, Ralph J & Adams, Darius M & McCarl, Bruce A, 1998. "Impacts of Incorporating Land Exchanges between Forestry and Agriculture in Sector Models," Journal of Agricultural & Applied Economics, Southern Agricultural Economics Association, vol. 30(2), pages 389-401, December.
  4. Robert N. Stavins, 1999. "The Costs of Carbon Sequestration: A Revealed-Preference Approach," American Economic Review, American Economic Association, vol. 89(4), pages 994-1009, September. [Downloadable!] (restricted)
  5. Pautsch, Gregory R. & Kurkalova, Lyubov A. & Babcock, Bruce A. & Kling, Catherine L., 2000. "Efficiency of Sequestering Carbon in Agricultural Soils (The)," Staff General Research Papers 1870, Iowa State University, Department of Economics.
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  6. Schneider, Uwe A. & McCarl, Bruce A., 2001. "Economic Potential of Biomass-Based Fuels for Greenhouse Gas Emission Mitigation," Staff General Research Papers 2011, Iowa State University, Department of Economics. [Downloadable!]
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  7. Pautsch, Gregory R, et al, 2001. "The Efficiency of Sequestering Carbon in Agricultural Soils," Contemporary Economic Policy, Oxford University Press, vol. 19(2), pages 123-34, April.
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  1. Uwe A. Schneider & Bruce A. McCarl, 2003. "Implications Of A Carbon Based Energy Tax For U.S. Agriculture," Working Papers FNU-17, Research unit Sustainability and Global Change, Hamburg University, revised Jan 2003. [Downloadable!]
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