Skip to main content

Tradable Permits and Agricultural Sequestration of Carbon

  • Chapter
Agricultural Globalization Trade and the Environment

Part of the book series: Natural Resource Management and Policy ((NRMP,volume 20))

  • 175 Accesses

Abstract

Mounting scientific evidence supports a relationship between increasing Global temperatures and the concentration of greenhouse gases in the atmosphere. While gases, such as methane, chlorofluorocarbons (CFCs) and nitrous oxide, are believed to contribute to increasing global temperature, the Intergovernmental Panel on Climate Change (IPCC) attributes 60 percent of this greenhouse effect to carbon dioxide (IPCC, 1996). IPCC estimates of the Potential increase in global mean surface temperature over the next hundred Years range from 1° centigrade (C) to 3.5° C, with a best estimate increase of 2.0° C. Beyond the year 2100, temperatures may climb an additional 0.5°C to 2.0° C as the thermal inertia of the world’s oceans is overcome. Despite Uncertainty concerning the eventual magnitude of the warming effect, there Is broad acceptance that global temperature is rising. The IPCC projects that the late of warming will like exceed any experienced in the last 10,000 years.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 169.00
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 219.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book
USD 219.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Chakrovorty, U., J. Roumasset, and K. Tse. 1997. “Endogenous Substitution among Energy Resources and Global Warming.” Journal of Political Economy 105(6): 1201–1234.

    Article  Google Scholar 

  • Cline, W.R. 1992. The Economies of Global Warming. Washington, DC: Institute of International Economies.

    Google Scholar 

  • Fankhauser, S. 1993. “The Economic Costs of Global Warming: Some Monetary Estimates,” in Y. Kaya, N. Nakicenovic, W.D. Nordhaus, and F.L. Toth, eds., pp. 83–105. Costs, Impacts and Benefits of CO 2 Mitigation. International Institute for Applied Systems Analysis CP-93-2, Laxenburg, Austria.

    Google Scholar 

  • IPCC (Intergovernmental Panel on Climate Change). 1996. IPCC Second Assessment: Climate Change 1995. R. Watson, M. Zinyowera, R. Moss and D. Dokken, eds, pp. 4–10. Cambridge, MA: Cambridge University Press.

    Google Scholar 

  • Jorgenson, D.W. and P.J. Wilcoxen. 1999. “Energy, the Environment, and Economic Growth,” in A.V. Knesse and J.L. Seeney, eds, 1267–1349. Handbook of Natural Resource and Energy Economics, Volume 3. Amsterdam, Netherlands: North-Holland Publishers.

    Google Scholar 

  • Kyoto Protocol to the United Nations Framework Convention on Climate Change, Article 3, Annex B (United Nations, New York, 1997). Internet website: http://www.unfccc.de

  • Lal, R., R.F. Follett, J. Kimble, and C.V. Cole. 1999. “Managing U.S. Cropland to Sequester Carbon in Soil.” Journal of Soil and Water Conservation 54: 374–381.

    Google Scholar 

  • Luciuk, G.M., M.A. Bonneau, D.M. Boyle, and E. Viberg. 1999. “Carbon Sequestration-Additional Environmental Benefits of Forages in the PFRA Permanent Cover Progam.” Mimeographed Manuscript No. 1967, PFRA, Agriculture and Agri-Food Canada, Ottawa.

    Google Scholar 

  • Marland, G., T.A. Boden, and A.L. Brenkert. 2000. “Global, Regional, and Natural Fossil Fuel CO2 Emissions,” in Trends: A Compendium of Data on Global Change. Environmental Sciences Division, Carbon Dioxide Information Analysis Center, Oak Ridge National Laboratory, Oak Ridge, TN.

    Google Scholar 

  • Mendelsohn, R., W.D. Nordhaus, and D. Shaw. 1994. “The Impact of Global Warming on Agriculture: A Ricardian Analysis.” American Economic Review 84(4): 753–771.

    Google Scholar 

  • Nordhaus, W.D. 1994. Managing the Global Commons: The Economics of Climate Change. Cambridge, MA: MIT Press.

    Google Scholar 

  • Nordhaus, W.D. 1991. “A Sketch of the Economics of the Greenhouse Effect.” American Economic Review 81(2)(May): 146–150.

    Google Scholar 

  • Pearce, D. 1991. “The Role of Carbon Taxes in Adjusting to Global Warming.” Economic Journal 101(July): 938–948.

    Article  Google Scholar 

  • Poterba, J.M. 1993. “Global Warming Policy: A Public Finance Perspective.” Journal of Economic Perspectives 7(4): 47–63.

    Article  Google Scholar 

  • Osborne, T. 1999. “Carbon Offsets as an Alternative to Large-scale Logging: A Case Study in Guyana’s Forest. “Unpublished M.S. Thesis, University of Florida, Gainesville FL.

    Google Scholar 

  • Rosenzweig, C. and M. Parry. 1994. “Potential Impact of Climate Change on World Food Supply.” Nature 367:133–138.

    Article  Google Scholar 

  • Schmitz, A., H. Furtan, P. Kuch, and A. Guzel. 1994. “North American Agriculture: Its Contribution to the Greenhouse Effect.” International Journal of Environment and Pollution 4(1/2): 75–96.

    Google Scholar 

  • USDA/ERS (United States Department of Agriculture, Economic Research Service). 1994. World Agriculture: Trends & Indicators, 1961–1991. Washington, D.C. Internet website: http://www.usda.mannlib.cornell.edu/data-sets/international/89024

Download references

Author information

Authors and Affiliations

Authors

Editor information

Charles B. Moss Gordon C. Rausser Andrew Schmitz Timothy G. Taylor David Zilberman

Rights and permissions

Reprints and permissions

Copyright information

© 2002 Springer Science+Business Media New York

About this chapter

Cite this chapter

Dumas, C., Moss, C.B., Schmitz, A. (2002). Tradable Permits and Agricultural Sequestration of Carbon. In: Moss, C.B., Rausser, G.C., Schmitz, A., Taylor, T.G., Zilberman, D. (eds) Agricultural Globalization Trade and the Environment. Natural Resource Management and Policy, vol 20. Springer, Boston, MA. https://doi.org/10.1007/978-1-4615-1543-2_21

Download citation

  • DOI: https://doi.org/10.1007/978-1-4615-1543-2_21

  • Publisher Name: Springer, Boston, MA

  • Print ISBN: 978-1-4613-5606-6

  • Online ISBN: 978-1-4615-1543-2

  • eBook Packages: Springer Book Archive

Publish with us

Policies and ethics