Methane and metrics : from global climate policy to the NZ farm / Zack Dorner and Suzi Kerr.

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Bibliographic Details
Published: Wellington : Motu Economic and Public Policy Research, 2015.
©2015
Main Author:
Dorner, Zach (Author)
Corporate Author:
Other Authors:
Series:Motu working paper ; 2015-11.
Subjects:
Format: Book

MARC

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082 0 4 |a 363.7387470993  |2 23 
100 1 |a Dorner, Zach,  |e author. 
245 1 0 |a Methane and metrics :  |b from global climate policy to the NZ farm /  |c Zack Dorner and Suzi Kerr. 
264 1 |a Wellington :  |b Motu Economic and Public Policy Research,  |c 2015. 
264 1 |c ©2015 
300 |a iii, 29 pages :  |b colour illustrations,  |c 30 cm. 
336 |a text  |2 rdacontent 
337 |a unmediated  |2 rdamedia 
338 |a volume  |2 rdacarrier 
490 1 |a Motu Working paper,  |x 1176-2667 ;  |v 15-11 
504 |a Includes bibliographical references. 
520 0 |a Stroombergen and Reisinger's (2012) modelling suggests global pricing of all greenhouse gas (GHG) emissions, including agricultural emissions, would be beneficial for the New Zealand economy, with higher GHG prices leading to greater economic benefit. Though this inference may seem counter-intuitive for a country in which agriculture is economically important, when the effects of GHG charges flow on to global commodity prices, the rise in global prices more than compensates NZ for the costs of our GHG emissions. These conclusions rest on a single set of models and several assumptions; however, the broad direction of the conclusions makes sense given the relatively low GHG emissions intensity of agriculture in NZ and the high importance of global commodity prices for NZ's economic fortunes. In this paper we investigate the implications of Stroombergen and Reisinger's (2012) results for a model NZ dairy and model NZ sheep and beef farm. We consider three climate policy scenarios that differ by whether agricultural emissions are included and priced globally and in NZ. We find that NZ farmer interests generally align with NZ's economic interests, though farmers are more greatly affected by differing international policy scenarios compared with the NZ economy as a whole. We find that the impact of the choice of metric (that is, how agricultural emissions are traded off against carbon dioxide emissions) is minor, expecially when compared with the differences between international and domestic policy scenarios. On balance, our results suggest that long term, the best scenario for NZ and our farmers is to fully price global agricultural emissions within an international climate change agreement that allows NZ farners to exploit their competitive advantage -- Abstract. 
650 0 |a Greenhouse gas mitigation  |x Economic aspects  |z New Zealand. 
650 0 |a Greenhouse gas mitigation  |x Government policy  |z New Zealand. 
650 0 |a Greenhouse gases  |x Environmental aspects  |z New Zealand. 
650 0 |a Agricultural pollution  |z New Zealand. 
700 1 |a Kerr, Suzi,  |d 1966-  |e author. 
710 2 |a Motu Economic and Public Policy Research Trust.  |e issuing body. 
830 0 |a Motu working paper ;  |v 2015-11. 
991 |a 2016-01-20 
992 |a Created by sico, 20/01/2016. Updated by sico, 20/01/2016. 
999 f f |i 88244561-ad28-517c-bc75-85b0cd7c9504  |s dafde918-0808-5780-8452-d7b7b03172ab  |t 0 
952 f f |p For loan  |a University Of Canterbury  |b UC Libraries  |c EPS Library  |d EPS Library, Level 3  |t 0  |e TD 885.5 .G73 .D713 2015  |h Library of Congress classification  |i Book  |m AU19787073B