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

dc.creatorFeng, Hongli
dc.creatorKling, Catherine L.
dc.date2017-04-01T19:17:11Z
dc.date.accessioned2026-07-09T03:24:14Z
dc.descriptionIn this paper, we study the social efficiency of private carbon markets that include trading in agricultural soil carbon sequestration when there are significant co-benefits (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 co-benefits) 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 co-benefits illustrate the magnitude and complexity of these issues in real-world policy design.
dc.identifierdoi:10.22004/ag.econ.18415
dc.identifierhttps://ageconsearch.umn.edu/record/18415/files/wp050390.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/18415
dc.identifier.urihttp://hdl.handle.net/123456789/531948
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/18415
dc.titleThe Consequences of Co-benefits for the Efficient Design of Carbon Sequestration Programs
dc.typeText

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