MEASURING ABATEMENT POTENTIALS WHEN MULTIPLE CHANGE IS PRESENT: THE CASE OF GREENHOUSE GAS MITIGATION IN U.S. AGRICULTURE AND FORESTRY

Uwe A. Schneider () and Bruce A. McCarl

No FNU-23, Working Papers from Research unit Sustainability and Global Change, Hamburg University

Abstract: Mathematical programming is used to examine the economic potential of greenhouse gas mitigation strategies in U.S. agriculture and forestry. Mitigation practices are entered into a spatially differentiated sector model and are jointly assessed with conventional agricultural production. Competition among practices is examined under a wide range of hypothetical carbon prices. Simulation results demonstrate a changing portfolio of mitigation strategies across carbon price. For lower prices preferred strategies involve soil and livestock options, higher prices, however, promote mainly afforestation and biofuel generation. Results demonstrate the sensitivity of individual strategy potentials to assumptions about alternative opportunities. Assessed impacts also include market shifts, regional strategy diversity, welfare distribution, and environmental co-effects.

Keywords: Abatement Function; Agricultural Sector Model; Carbon Sequestration; Economic Potential; Greenhouse Gas Emission; Mathematical Programming; Multiple Technical Change; Policy Simulation (search for similar items in EconPapers)
JEL-codes: Q54 (search for similar items in EconPapers)
Date: 2003-04, Revised 2002-04
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Persistent link: http://EconPapers.repec.org/RePEc:sgc:wpaper:23

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