Inclusion of Agriculture and Forestry in a Domestic Emissions Trading Scheme: New Zealand's Experience to Date
AbstractNo country has previously attempted to include either agriculture or forestry in an emissions trading system. The New Zealand government is planning to include both. This paper describes how they plan to do it, what some of the critical issues have been and some of the outstanding challenges. If New Zealand can resolve these issues and so can create a strong system, this could create a precedent for many others. Policy development is actively progressing as this paper is written. This paper does not definitively cover the issues but records our thinking at a moment in time and provides a framework for more in-depth analysis.
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Bibliographic InfoPaper provided by Motu Economic and Public Policy Research in its series Working Papers with number 08_04.
Length: 44 pages
Date of creation: Feb 2008
Date of revision:
Emissions trading; New Zealand; agriculture; public policy;
Find related papers by JEL classification:
- Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters
- Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy
This paper has been announced in the following NEP Reports:
- NEP-AGR-2008-06-21 (Agricultural Economics)
- NEP-ALL-2008-06-21 (All new papers)
- NEP-ENE-2008-06-21 (Energy Economics)
- NEP-ENV-2008-06-21 (Environmental Economics)
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- Millard-Ball, Adam, 2013. "The trouble with voluntary emissions trading: Uncertainty and adverse selection in sectoral crediting programs☆☆Special thanks to Suzi Kerr, Lawrence Goulder, Michael Wara, Arthur van Benthem, Lee," Journal of Environmental Economics and Management, Elsevier, vol. 65(1), pages 40-55.
- Eric Karpas & Suzi Kerr, 2011. "Preliminary Evidence on Responses to the New Zealand Forestry Emissions Trading Scheme," Working Papers 11_09, Motu Economic and Public Policy Research.
- Zhang, Wei & Power, William & Kerr, Suzi, 2009. "Potential Scrub Changes and Its Spatial Allocation under the New Zealand Emission Trading System," 2009 Conference, August 16-22, 2009, Beijing, China 50896, International Association of Agricultural Economists.
- Suzi Kerr, 2013. "Managing Risks and Tradeoffs Using Water Markets," Working Papers 13_13, Motu Economic and Public Policy Research.
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