Impacts of unilateral U.S. carbon policies on agricultural sector greenhouse gas emissions and commodity markets
Bibliographic Data
| ID | 15549403 |
|---|---|
| Authors | Marcel Adenäuer (Organisation de Coopération et de Développement Economiques, corresponding author), Michael K Adjemian (0000-0003-4111-8526, University of Georgia), Shawn Arita (Office of the Chief Scientist), B Wade Brorsen (0000-0001-7109-7717, Oklahoma State University), Wade Brorsen, Joseph Cooper (0000-0001-5048-737X, Office of the Chief Scientist), Gyuhyeong Goh (0000-0002-1685-3927, Kyungpook National University), Berna Karali (0000-0001-7969-7506, University of Georgia), Mindy L Mallory (0000-0003-4467-4229, Purdue University West Lafayette), Wyatt Thompson (0000-0003-4837-6157, University of Missouri), Jisang Yu (0000-0003-3936-1877, Kansas State University) |
| Year | 2025 |
| Volume | 20 |
| Issue | 2 |
| Pages | 024022-024022 |
| Publication date | 2025-01-24 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Environmental Research Letters (JOURNAL) |
| Journal identifiers | ISSN: 1748-9326 • E-ISSN: 1748-9326 |
| Publisher | IOP Publishing (PUBLISHER • GB) |
| DOI | 10.1088/1748-9326/ada2ac |
| OpenAlex | W4406795224 |
| Language | EN |
| References cited | 31 |
This article analyzes the consequences of the United States implementing unilateral policies to reduce greenhouse gas (GHG) emissions from agriculture. The policy representation is based loosely on current and past policy initiatives that have subsidized GHG reductions and considered special treatment for sectors heavily involved in trade. To do so, our first step is to generate new estimates of key parameters, elasticities of demand and supply, that are critical to understanding interactions among agricultural commodities, such as between livestock and crop products, in this area of research and more broadly. We apply these parameters in a widely used economic model that estimates the effects of a unilateral U.S. agricultural GHG policy on both domestic and foreign markets as well as global GHG emissions. Livestock effects dominate, driving most U.S. livestock product consumer prices higher and causing mixed crop and crop product price effects. A unilateral policy increases food costs in the implementing country and, if applied to all supplies, domestic and imported, tends to raise prices elsewhere as well. Alternative implementation strategies, such as not imposing the costs on exports or not imposing the costs on imports, can lead to lower food prices and greater consumption in other countries, as well as have important implications for the overall GHG reductions achieved by the unilateral effort
Agricultural economics · Agriculture · Business · Commodity · Economics · Greenhouse gas · Market economy · Natural resource economics · Agricultural Economics and Policy · Agriculture Sustainability and Environmental Impact · Climate Change Policy and Economics · Environmental Science
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Potential impacts and challenges of border carbon adjustments
Climate change impacts on US agriculture and forestry
Looking back to move forward on model validation
Land-based climate change mitigation potentials within the agenda for sustainable development
Global economic–biophysical assessment of midterm scenarios for agricultural markets—biofuel policies, dietary patterns, cropland expansion, and productivity growth
Potential impacts of concurrent and recurrent climate extremes on the global food system by 2030
Agricultural productivity and greenhouse gas emissions
Damages of surface ozone
Labor markets
Analyzing multi-greenhouse gas mitigation of China using a general equilibrium model
Distributional impacts of carbon pricing in developing Asia
Mitigating greenhouse gases
Long-term crop productivity response and its interaction with cereal markets and energy prices
| Citation velocity | historical |
|---|---|
| Highly cited | No |