Agriculture and global climate stabilization: a public good analysis

John Quiggin

No 152095, Risk and Sustainable Management Group Working Papers from University of Queensland, School of Economics

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.

Keywords: Environmental Economics and Policy; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 28
Date: 2009-08-08
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https://ageconsearch.umn.edu/record/152095/files/WPC09_01.pdf (application/pdf)

Related works:
Journal Article: Agriculture and global climate stabilization: a public good analysis (2010)
Working Paper: Agriculture and global climate stabilization: a public good analysis (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uqsers:152095

DOI: 10.22004/ag.econ.152095

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