Consequences of Co-Benefits for the Efficient Design of Carbon Sequestration Programs, The

Hongli Feng and Catherine Kling

Staff General Research Papers Archive from Iowa State University, Department of Economics

Abstract: In this paper, we study the social efficiency of private carbon markets that include trading in agricultural soil carbon sequestration when there are significant cobenefits (positive environmental externalities) associated with the practices that sequester carbon. Likewise, we investigate the efficiency of government run conservation programs that are designed to promote a broad array of environmental attributes (both carbon sequestration and its cobenefits) for the supply of carbon. Finally, policy design and efficiency issues associated with the potential interplay between a private carbon market and a government conservation program are studied. Empirical analyses for an area that represents a significant potential source of carbon sequestration and its associated cobenefits illustrate the magnitude and complexity of these issues in real world policy design.

Date: 2005-03-29
New Economics Papers: this item is included in nep-agr, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Published in Canadian Journal of Agricultural Economics, December 2005, vol. 53 no. 4, pp. 461-476

Downloads: (external link)
http://www2.econ.iastate.edu/papers/paper_12269.pdf (application/pdf)

Related works:
Journal Article: The Consequences of Cobenefits for the Efficient Design of Carbon Sequestration Programs (2005)
Working Paper: Consequences of Co-benefits for the Efficient Design of Carbon Sequestration Programs, The (2005)
Working Paper: The Consequences of Cobenefits for the Efficient Design of Carbon Sequestration Programs (2005)
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:isu:genres:12269

Access Statistics for this paper

More papers in Staff General Research Papers Archive from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().