Carbon sequestration through the planting of multi-annual energy crops: A dynamic and spatial assessment

Stéphane De Cara and Stelios Rozakis

No 2004/05, Working Papers from INRA, Economie Publique

Abstract: In this study, we examine the spatial and dynamic implications of policies aimed at increasing carbon sequestration in agricultural soils. We consider incentive mechanisms designed to encourage the planting of energy multi-annual crops that allow higher carbon sequestration rates for a longer period of time. By using a dynamic micro-economic model, we simulate the sequence of crop plantings over a given time horizon and investigate different payment mechanisms (per-ton or per-hectare). We discuss their implications in terms of regulation policy and efficiency. This model is then applied to the Central Plains of Thessaly, Greece, to assess the marginal costs of carbon sequestration and the optimal timing of switching to multi-annual energy crops. To do so, we combine the dynamic microeconomic model with a carbon accounting model and a geophysical database. We assess the efficiency loss of constant per-hectare payments compared to per-ton mechanisms. The dynamic and spatial implications of these mechanisms are compared and discussed.

Keywords: Carbon sequestration; climate change; Greece; Energy crops; Dynamic mathematical programming (search for similar items in EconPapers)
JEL-codes: Q15 Q25 (search for similar items in EconPapers)
Date: 2004-10-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://www6.versailles-grignon.inra.fr/economie_p ... pers-2004/WP_2004_05 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (https://www6.versailles-grignon.inra.fr/economie_publique/Media/fichiers/Working-Papers/Working-Papers-2004/WP_2004_05 [301 Moved Permanently]--> https://www6.versailles-grignon.inrae.fr/economie_publique/Media/fichiers/Working-Papers/Working-Papers-2004/WP_2004_05 [301 Moved Permanently]--> https://www6.versailles-grignon.inrae.fr/psae/Media/fichiers/Working-Papers/Working-Papers-2004/WP_2004_05 [301 Moved Permanently]--> https://psae.versailles-grignon.hub.inrae.fr/Media/fichiers/Working-Papers/Working-Papers-2004/WP_2004_05 [301 Moved Permanently]--> https://psae.versailles-saclay.hub.inrae.fr/Media/fichiers/Working-Papers/Working-Papers-2004/WP_2004_05)

Related works:
Journal Article: Carbon sequestration through the planting of multi-annual energy crops: A dynamic and spatial assessment (2004)
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:apu:wpaper:2004/05

Access Statistics for this paper

More papers in Working Papers from INRA, Economie Publique Contact information at EDIRC.
Bibliographic data for series maintained by Régis Grateau ().