Consequences of Co-benefits for the Efficient Design of Carbon Sequestration Programs, The
In this paper, we study the social efficiency of private carbon markets that include trading in agricultural soil carbon sequestration when there are significant co-benefits (positive environmental externalities) associated with the practices that sequester carbon. Likewise, we investigate the efficiency of government-run conservation programs that are designed to promote a broad array of environmental attributes (both carbon sequestration and its co-benefits) for the supply of carbon. Finally, policy design and efficiency issues associated with the potential interplay between a private carbon market and a government conservation program are studied. Empirical analyses for an area that represents a significant potential source of carbon sequestration and its associated co-benefits illustrate the magnitude and complexity of these issues in real-world policy design.
|Date of creation:||Mar 2005|
|Date of revision:|
|Contact details of provider:|| Postal: 578 Heady Hall, Ames, Iowa 50011-1070|
Phone: (515) 294-1183
Fax: (515) 294-6336
Web page: http://www.card.iastate.edu/
More information through EDIRC
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.:
- Butt, Tanveer A. & McCarl, Bruce A., 2004. "Farm and Forest Carbon Sequestration: Can Producers Employ it to Make Some Money?," Choices, Agricultural and Applied Economics Association, vol. 19(3).
- Feng, Hongli, 2005.
"The dynamics of carbon sequestration and alternative carbon accounting, with an application to the upper Mississippi River Basin,"
Elsevier, vol. 54(1), pages 23-35, July.
- Feng, Hongli, 2005. "The Dynamics of Carbon Sequestration and Alternative Carbon Accounting, with an Application to the Upper Mississippi River Basin," Staff General Research Papers 12356, Iowa State University, Department of Economics.
- Hongli Feng, 2005. "Dynamics of Carbon Sequestration and Alternative Carbon Accounting, with an Application to the Upper Mississippi River Basin, The," Center for Agricultural and Rural Development (CARD) Publications 05-wp386, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Hongli Feng & Lyubov A. Kurkalova & Catherine L. Kling & Philip W. Gassman, 2004.
"Environmental Conservation in Agriculture: Land Retirement versus Changing Practices on Working Land,"
Center for Agricultural and Rural Development (CARD) Publications
04-wp365, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Feng, Hongli & Kurkalova, Lyubov A. & Kling, Catherine L. & Gassman, Philip W., 2005. "Environmental Conservation in Agriculture: Land Retirement Versus Changing Practices on Working Land," Staff General Research Papers 12441, Iowa State University, Department of Economics.
- Feng, Hongli & Zhao, Jinhua & Kling, Catherine L., 2002. "Time Path and Implementation of Carbon Sequestration (The)," Staff General Research Papers 5068, Iowa State University, Department of Economics.
- Burtraw, Dallas & Krupnick, Alan & Palmer, Karen & Paul, Anthony & Toman, Michael & Bloyd, Cary, 2003. "Ancillary benefits of reduced air pollution in the US from moderate greenhouse gas mitigation policies in the electricity sector," Journal of Environmental Economics and Management, Elsevier, vol. 45(3), pages 650-673, May.
When requesting a correction, please mention this item's handle: RePEc:ias:cpaper:05-wp390. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: ()
If references are entirely missing, you can add them using this form.