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Farmers acceptance of carbon offset programs in agriculture

In: Handbook of Behavioral Economics and Climate Change

Author

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  • Martina Bozzola
  • Simone Cerroni

Abstract

The EU27 plus UK has long relied on carbon markets as key instruments for achieving a reduction in global GHGs emissions. The agricultural sector is, however, not covered by the EU Emissions Trading System (EU ETS). Internationally, there are very few examples of policies pricing agricultural emissions. Yet, increasing the carbon efficiency of the agricultural sector is a necessary step to meet the climate targets of the Paris Agreement. After discussing the role of agriculture in supporting the achievement of climate change mitigation objectives, we provide an overview of market-based instruments that could incentivize farmers in developed countries to mitigate GHGs emissions. We further propose a survey designed to elicit farmers' acceptability of carbon offset programs under conditions of risk and uncertainty regarding the future price of carbon credits and the efficiency of new technologies. Results from a pilot with students in agricultural and environmental science are presented.

Suggested Citation

  • Martina Bozzola & Simone Cerroni, 2022. "Farmers acceptance of carbon offset programs in agriculture," Chapters, in: S. Niggol Seo (ed.), Handbook of Behavioral Economics and Climate Change, chapter 14, pages 310-329, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20444_14
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    Keywords

    Economics and Finance; Environment;

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