Market impact of domestic offset programs
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Author
Contributions
- Iowa State University. Center for Agricultural and Rural Development - Contributor
Publication
2010 - Center for Agricultural and Rural Development, Iowa State University, Ames, Iowa, Iowa
Language
English
Word Count
14,750 words, Guess
Page Count
59 pages
Identifiers
- Library of Congress Control Number2011431828
- OCLC Control Number501846652
- Open LibraryOL24923425M
Classifications
- LCCSD387.C37 M37 2010
Description
Three recent reports have estimated the market impacts of domestic offset programs, including afforestation, contained in the American Clean Energy and Security Act (ACES). The magnitude of these estimated impacts motivates this study. We show that with carbon prices as low as $30 per metric ton, a significant number of U.S. crop acres would be used to grow trees and this would cause price increases for some U.S. commodities. Although we present only one carbon price scenario, the modeling approach that we use suggests that the acreage and price impacts we describe here would increase at higher carbon prices.
Subjects
Series Statement
- Working paper -- 10-WP 502
- Working paper (Iowa State University. Center for Agricultural and Rural Development) -- 10-WP 502.
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