How A Cap-and-Trade Policy of Green House Gases Could Alter the Face of Agriculture in the South: A Spatial and Production Level Analysis.

dc.creatorNalley, Lawton Lanier
dc.creatorPopp, Michael P.
dc.creatorFortin, Corey
dc.date2017-04-01T13:48:44Z
dc.date.accessioned2026-07-09T04:59:29Z
dc.descriptionWith the Waxman-Markey Bill passing the House and the Obama administration’s push to reduce carbon emissions, the likelihood of the implementation of some form of a carbon policy is increasing. This study estimates the greenhouse gas (GHG) emissions of the six largest crops produced in Arkansas using 63 different production practices as documented by University of Arkansas Cooperative Extension Service. From these GHG estimates a baseline state “carbon footprint” was estimated and a hypothetical cap-and-trade carbon reduction of 5, 10, and 20% was levied on Arkansas agriculture. Results show that while a modest reduction in GHG emissions (5%) would only affect crop allocations amongst certain crops while marginally reducing state net returns, a 20% reduction would cause major cropping pattern shifts with some traditional row crops nearly disappearing.
dc.identifierdoi:10.22004/ag.econ.55717
dc.identifierhttps://ageconsearch.umn.edu/record/55717/files/GHG%20Paper%20Nalley%20Popp%20Fortin.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/55717
dc.identifier.urihttp://hdl.handle.net/123456789/557551
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/55717
dc.titleHow A Cap-and-Trade Policy of Green House Gases Could Alter the Face of Agriculture in the South: A Spatial and Production Level Analysis.
dc.typeText

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