Market Impact of Domestic Offset Programs
研究了美国清洁能源与安全法案中造林等国内抵消计划对农产品价格的影响,发现碳价低至每吨30美元时,大量农田将转为林地,导致部分农产品价格上涨。
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.