Conference Agenda
Overview and details of the sessions of this conference. Please select a date or location to show only sessions at that day or location. Please select a single session for detailed view (with abstracts and downloads if available).
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Daily Overview |
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Thematic Session 8: Carbon Dioxide Removal: from economics to policy design, and back (HYBRID) Location: Auditorium M: Jan Mossin Session Chair: Pietro Andreoni, Politecnico di Milano | |
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A welfare-conservation win-win? Offsetting methane damages through carbon farming The London School of Economics an Political Science Temporary carbon credits provide an incentive for the maintenance and enhancement of natural sinks by removals and can, therefore, contribute significantly to net zero pathways. This paper examines temporary carbon credits to offset short-lived emissions such as methane by applying an equivalence factor based on the SCM/SCC ratio. In a case study, the carbon farming method of cover cropping is analysed with a difference-in-difference approach to satellite data. The aim is to determine whether a subsidy scheme can achieve both: economic benefits and conservation. By rewarding project owners for their sequestration efforts, their undertakings become an attractive investment while operating at the frontier of modern agriculture. Finally, a market mechanism is discussed that integrates temporary removals into a compliance mechanism, such as the EU Emissions Trading Scheme (ETS) for agricultural emissions. | |