This study investigates the impact of climate change adaptation on farm households’ downside risk exposure in the Nile Basin of Ethiopia. The analysis relies on a moment-based specification of the stochastic production function. We use an empirical strategy that accounts for the heterogeneity...

One common element in many voluntary and regulatory carbon markets to date has been the inclusion of emissions offsets that can be sold by entities outside of emission caps. A particularly low cost means of sequestering atmospheric carbon is reducing tillage of agricultural soils. A choice...

This paper considers a range of issues relating to the contribution of meat consumption and livestock production to global warming given the need highlighted by the Committee on Climate Change (CCC) to reduce global GHG emissions by over 50% by 2050. The IPCC Climate Change 2014 report...

To internalize climate-related external costs from agricultural production and food consumption Pigou taxes and carbon credits increase private costs for food. Voluntary consumer choices for carbon-neutral food can be advantageous over such policy measures since they avoid higher food prices for...