Implications of Alternative Mitigation Policies on World Prices for Fossil Fuels and Agricultural Products

Sergey Paltsev

No wp-2012-065, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: Emissions mitigation policies affect prices, including prices for fossil fuels and agricultural products. Consumer prices for coal and natural gas are expected to rise when climate policy is implemented, while oil prices may be reduced or remain the same in comparison to a no policy scenario. Impacts on agricultural prices are more controversial as reduced negative productivity impacts on yields are compensated by increased costs of energy inputs to agriculture, lower CO2 fertilization effect, and a competition for land from biofuels.

Keywords: Agriculture; Climate change; Economic equilibrium; Prices (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

Downloads: (external link)
https://www.wider.unu.edu/sites/default/files/wp2012-065.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:unu:wpaper:wp-2012-065

Access Statistics for this paper

More papers in WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER) Contact information at EDIRC.
Bibliographic data for series maintained by Siméon Rapin ().