Subsidies! The Other Incentive-Based Instrument: The Case of the Conservation Reserve Program
نویسندگان
چکیده
In this paper, we examine command-and-control (CAC) policies and market-based instruments (MBI) in the context of the Conservation Reserve Program (CRP). The CRP, an MBI in the form of subsidies, is by far the largest agro-environmental policy implemented to date. We compare the environmental performance of the CRP as implemented to a few counterfactual CAC polices using EPIC (Environmental Policy Integrated Climate), a bio-physical simulation model. In the context of multiple environmental indicators, no policy alternative emerges as a clear winner. The importance of the choice and design of CAC policies is emphasized.
منابع مشابه
Solving Multiple Fuels Dynamic Environmental/Economic Dispatch Problem and Incentive Based Demand Response Considering Spinning Reserve Requirements
In this paper a new integrated model of the dynamic environmental/economic dispatch (DEED) problem and emergency demand response program (EDRP) has been presented by which their interactions are investigated. DEED schedules the online generators power output over the whole dispatch period subject to some practical constraints so that the fuel costs and emission are optimized simultaneously. EDR...
متن کاملDesigning Incentive-based Demand Response Program for Minimizing Financial Risk of Retailer during Peak Period
In this paper, a customer incentive scheme is proposed for retailers to build an effective demand response program over the peak demand period to minimize the financial risk. Firstly, an objective function is formulated based on the market operation and an optimal incentive price is derived from this objective function. Secondly, the incentive price is employed as a part of an incentive scheme ...
متن کاملApplication of Demand Response Programs to Heavy Industries: a Case Study on a Regional Electric Company
In recent years, incremental rate of electrical demands made many challenges for policy makers of power systems. Besides, due to economic crisis and environmental concerns about the air pollution, the new investments in thermal power generation units have experienced a noticeable reduction. For this reason, the power system operators should propose novel approaches to make a balance between inc...
متن کاملAnalyzing the Effect of the Water Reduce Subsidies on GDP
The objective of this work is to analyze the effects of decrease in water subsidies (increase in the price of the water) on various economic sectors in order to promote the conservation of this resource based on the actual price of water. But over the past decades, various subsidizing methods hold the cost of water down. On the other hand, the indiscriminate use of these resources led the gover...
متن کاملCost-Effectiveness of Rural Incentive Packages for Graduating Medical Students in Lao PDR
Background The dearth of health workers in rural settings in Lao People’s Democratic Republic (PDR) and other developing countries limits healthcare access and outcomes. In evaluating non-wage financial incentive packages as a potential policy option to attract health workers to rural settings, understanding the expected costs and effects of the various programs ex antecan assist policy-makers ...
متن کامل