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Towards Implementing Carbon Markets in Agriculture

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Abstract

Despite the interest in carbon markets or programs for which agriculture could be rewarded for storing carbon, there are still substantive questions about how such mechanisms could be designed to meet this task and be generally acceptable to the international community. One of the most problematic of these issues is the fact that, unlike reductions in emissions, carbon sinks may only temporarily hold carbon out of the atmosphere. Until policy mechanisms that appropriately incorporate the potentially temporary nature of sinks are developed, it is unlikely that agricultural sequestration will gain widespread acceptance. In this paper, the authors introduce and discuss three such mechanisms.

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  • Hongli Feng & Jinhua Zhao & Catherine L. Kling, 2000. "Towards Implementing Carbon Markets in Agriculture," Center for Agricultural and Rural Development (CARD) Publications 00-wp261, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    • Handle: RePEc:ias:cpaper:00-wp261
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    References listed on IDEAS

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    1. GR Pautsch & LA Kurkalova & BA Babcock & CL Kling, 2001. "The Efficiency Of Sequestering Carbon In Agricultural Soils," Contemporary Economic Policy, Western Economic Association International, vol. 19(2), pages 123-134, April.
    2. Hongli Feng & Jinhua Zhao & Catherine L. Kling, 2000. "Carbon Sequestration in Agriculture: Value and Implementation," Center for Agricultural and Rural Development (CARD) Publications 00-wp256, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    3. Antle, John M. & Capalbo, Susan Marie & Mooney, Sian & Elliott, Edward T. & Paustian, Keith H., 2000. "Economics Of Agricultural Soil Carbon Sequestration In The Northern Great Plains," 2000 Annual meeting, July 30-August 2, Tampa, FL 21879, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. McCarl, Bruce A. & Schneider, Uwe A., 1999. "Curbing Greenhouse Gases: Agriculture's Role," Choices: The Magazine of Food, Farm, and Resource Issues, Agricultural and Applied Economics Association, vol. 14(1), pages 1-4.
    5. Antle, John M. & Capalbo, Susan Marie & Mooney, Sian & Elliott, Edward T. & Paustian, Keith H., 2000. "Economics Of Agricultural Soil Carbon Sequestration In The Northern Plains," Research Discussion Papers 29239, Montana State University, Department of Agricultural Economics and Economics, Trade Research Center.
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    1. Lyubov A. Kurkalova & Catherine L. Kling & Jinhua Zhao, 2003. "Institutions and the Value of Nonpoint Source Measurement Technology: Carbon Sequestration in Agricultural Soils," Center for Agricultural and Rural Development (CARD) Publications 03-wp338, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    2. Lyubov Kurkalova & Catherine Kling & Jinhua Zhao, 2004. "Value of agricultural non-point source pollution measurement technology: assessment from a policy perspective," Applied Economics, Taylor & Francis Journals, vol. 36(20), pages 2287-2298.

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