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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.

Suggested Citation

  • 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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    Cited by:

    1. is not listed on IDEAS
    2. Kurkalova, Lyubov A. & Kling, Catherine L. & Zhao, Jinhua, 2003. "Institutions And The Value Of Nonpoint Source Measurement Technology: Carbon Sequestration In Agricultural Soils," Hebrew University of Jerusalem Archive 18540, Hebrew University of Jerusalem.
    3. 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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