Kling, Catherine Louise; Feng, Hongli; Gassman, Philip W. - Center for Agricultural and Rural Development (CARD), … - 2004
Land use changes to sequester carbon also provide "co-benefits," some of which (for example, water quality) have attracted at least as much attention as carbon storage. The non-separability of these co-benefits presents a challenge for policy design. If carbon markets are employed, then social...