| A project-based system for including farmers in the EU ETS. | |
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MedLine Citation:
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PMID: 21196072 Owner: NLM Status: In-Data-Review |
Abstract/OtherAbstract:
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Farmers in the EU do not trade greenhouse gases under the Kyoto agreement. This is an empirical puzzle because agriculture is a significant contributor of greenhouse gases (GHG) in the EU and may harvest private net gains from trade. Furthermore, the US has strongly advocated land-use practices as 'the missing link' in past climate negotiations. We argue that farmers have relatively low marginal reduction costs and that consequences in terms of the effect on permit price and technology are overall positive in the EU Emission Trading System (ETS). Thus, we propose a project-based system for including the farming practices in the EU ETS that reduces the uncertainty from measuring emission reduction in this sector. The system encourages GHG reduction either by introducing a new and less polluting practice or by reducing the polluting activity. When doing so, farmers will receive GHG permits corresponding to the amount of reduction which can be stored for later use or sold in the EU ETS. |
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Authors:
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Urs Steiner Brandt; Gert Tinggaard Svendsen |
Publication Detail:
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Type: Journal Article Date: 2010-12-31 |
Journal Detail:
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Title: Journal of environmental management Volume: 92 ISSN: 1095-8630 ISO Abbreviation: J. Environ. Manage. Publication Date: 2011 Apr |
Date Detail:
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Created Date: 2011-02-01 Completed Date: - Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 0401664 Medline TA: J Environ Manage Country: England |
Other Details:
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Languages: eng Pagination: 1121-7 Citation Subset: IM |
Copyright Information:
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Copyright © 2010 Elsevier Ltd. All rights reserved. |
Affiliation:
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Department of Environmental and Business Economics, University of Southern Denmark, Denmark. |
Export Citation:
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From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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