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Agriculture and global climate stabilization: a public good analysis

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  • John Quiggin

    (Department of Economics, University of Queensland)

Abstract

The stabilization of global climate presents one of the most complex problems in public good provision the world has faced. Continuation of ‘business as usual’ policies, leading to warming of more than 2 degrees over the next year, will produce significant damage to agricultural systems and catastrophic damage to the natural ecosystems that ultimately support agriculture. The best solution to the public goods problem is a ‘contract and converge’ agreement in which the ultimate outcome is a common global entitlement to CO2 emissions per person.

Suggested Citation

  • John Quiggin, 2009. "Agriculture and global climate stabilization: a public good analysis," Climate Change Working Papers WPC09_1, Risk and Sustainable Management Group, University of Queensland.
    • Handle: RePEc:rsm:climte:c09_1
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    File URL: http://www.uq.edu.au/rsmg/WP/WPC09_01.pdf
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    References listed on IDEAS

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    1. David Adamson & Thilak Mallawaarachchi & John Quiggin, 2009. "Declining inflows and more frequent droughts in the Murray-Darling Basin: climate change, impacts and adaptation ," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 53(3), pages 345-366, July.
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    7. Guoju, Xiao & Weixiang, Liu & Qiang, Xu & Zhaojun, Sun & Jing, Wang, 2005. "Effects of temperature increase and elevated CO2 concentration, with supplemental irrigation, on the yield of rain-fed spring wheat in a semiarid region of China," Agricultural Water Management, Elsevier, vol. 74(3), pages 243-255, June.
    8. Gallagher, Paul W., 2006. "Energy Production with Biomass: What Are the Prospects?," ISU General Staff Papers 200601010800001446, Iowa State University, Department of Economics.
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    12. John Quiggin & David Adamson & Sarah Chambers & Peggy Schrobback, 2010. "Climate Change, Uncertainty, and Adaptation: The Case of Irrigated Agriculture in the Murray–Darling Basin in Australia," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 58(4), pages 531-554, December.
    13. John Quiggin & David Adamson & Sarah Chambers & Peggy Schrobback, 2010. "Climate Change, Uncertainty, and Adaptation: The Case of Irrigated Agriculture in the Murray–Darling Basin in Australia," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 58(4), pages 531-554, December.
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    Cited by:

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    2. Oladipo S. Obembe & Nathan P. Hendricks, 2022. "Marginal cost of carbon sequestration through forest afforestation of agricultural land in the southeastern United States," Agricultural Economics, International Association of Agricultural Economists, vol. 53(S1), pages 59-73, November.
    3. Laure Bamière & Pierre‐Alain Jayet & Salomé Kahindo & Elsa Martin, 2021. "Carbon sequestration in French agricultural soils: A spatial economic evaluation," Agricultural Economics, International Association of Agricultural Economists, vol. 52(2), pages 301-316, March.

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    More about this item

    Keywords

    Climate change; public goods; agriculture; environmental Kuznets curve;
    All these keywords.

    JEL classification:

    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming

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