Published in May 2009 by the Rural Industries Research and Development Corporation (RIRDC) of Australia this report quantifies the economic impact of a proposed Australian emissions trading scheme (ETS) on average farm businesses.
Published in May 2009 by the Rural Industries Research and Development Corporation (RIRDC) of Australia this report quantifies the economic impact of a proposed Australian emissions trading scheme (ETS) on average farm businesses.
On-Farm Impacts of an Australian ETS was prepared by the Centre for International Economics (CIE) and aims to contribute to policy debate over whether and how agriculture should be included in the proposed Carbon Pollution Reduction Scheme (CPRS). The report does not constitute an argument for or against including agriculture in the CPRS, but sets out, through scenarios, some of the costs that would be faced were agriculture to be included.
The report uses a variety of economy-wide and agricultural commodity models to assess the impact of an ETS, and then applies ABARE's farm financial survey data (AGSURF) to assess the impacts on the "average" farm. It is the first analysis of an ETS to look at enterprise level impacts, as opposed to industry-wide or sectoral impacts.
The full report is available here.
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