This paper examines leakage from agricultural greenhouse gas reduction programs stimulated by reductions in regional commodity supply. This paper develops an extension of the leakage discount formula in Murray et al. (2004) that incorporates changes in input (land) usage rather than product...

The effect of stochastic factors on soil carbon makes the quantity of carbon generated under a sequestration project uncertain. Hence, the quantity of sequestered carbon may need to be discounted to avoid liability from shortfalls. We present a potentially applicable uncertainty discount and...