Greenhouse Gas Abatement Policies and the Value of Carbon Sinks: Do Grazing and Cropping Systems have Different Destinies?

Felicity Flugge and Steven Schilizzi

No 57865, 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia from Australian Agricultural and Resource Economics Society

Abstract: The impact of two greenhouse gas abatement policies on two Mediterranean-type farming systems, grazing dominant and cropping dominant, is examined. The policies analysed are; an emissions taxation policy and an emissions restrictions policy. For both farming systems the restriction policy is found to be more effective and economically efficient than the carbon permit policy. Absolute cost of abatement is less for the livestock dominant system but relative cost is greater, because of lower total farm profits. The analysis found that at predicted emissions permit prices, trees, if credited as a carbon sink, would be adopted by both farming systems to offset farm greenhouse gas emissions.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 32
Date: 2003-02
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Downloads: (external link)
https://ageconsearch.umn.edu/record/57865/files/2003_flugge.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aare03:57865

DOI: 10.22004/ag.econ.57865

Access Statistics for this paper

More papers in 2003 Conference (47th), February 12-14, 2003, Fremantle, Australia from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().