When agricultural emissions are included in the New Zealand Emission Trading System (ETS) the economics of farming will be significantly altered. Under the legislation current in October 2009, in the early years of the system the agricultural sector as a whole would have received NZ units...

As tradeable permit programmes mature, two inter-related issues are becoming more critical in creating viable responses to a long-term, highly uncertain environmental problem such as climate change. First, we need to update policies in response to new information; and second, we need to design...

There are many choices within the design of an emissions trading system. In this paper we focus on one specific aspect – the point of regulation for the energy sector. This choice affects transaction costs; comprehensiveness, and hence the amount of emissions covered and the extent to which...

Using the New Zealand Monitor Farm Data (NZMFD), this paper explores the cost-effectiveness of two mitigation options to reduce biological greenhouse gas (GHG) emissions on farms: reducing stocking rate (SR; the number of cows per effective hectare of dairy land); and increasing animal...

Nearly a quarter of global greenhouse gas (GHG) emissions are covered by GHG pricing initiatives. However, few methane emissions are priced, even though methane is a significant driver of current warming. To reduce methane emissions from oil and gas production, comprehensive policies and...