Abstract: The land-use sector can contribute to climate change mitigation not only by reducing greenhouse gas (GHG) emissions, but also by increasing carbon uptake from the atmosphere and thereby creating negative CO2 emissions. In this paper, we investigate two land-based climate change mitigation strategies for carbon removal: (1) afforestation and (2) bioenergy in combination with carbon capture and storage technology (bioenergy CCS). In our approach, a global tax on GHG emissions aimed at ambitious climate change mitigation incentivizes land-based mitigation by penalizing positive and rewarding negative CO2 emissions from the land-use system. We analyze afforestation and bioenergy CCS as standalone and combined mitigation strategies. We find that afforestation is a cost-efficient strategy for carbon removal at relatively low carbon prices, while bioenergy CCS becomes competitive only at higher prices. According to our results, cumulative carbon removal due to afforestation and bioenergy CCS is similar at the end of 21st century (600-700 GtCO(2)), while land-demand for afforestation is much higher compared to bioenergy CCS. In the combined setting, we identify competition for land, but the impact on the mitigation potential (1000 GtCO(2)) is partially alleviated by productivity increases in the agricultural sector. Moreover, our results indicate that early-century afforestation presumably will not negatively impact carbon removal due to bioenergy CCS in the second half of the 21st century. A sensitivity analysis shows that land-based mitigation is very sensitive to different levels of GHG taxes. Besides that, the mitigation potential of bioenergy CCS highly depends on the development of future bioenergy yields and the availability of geological carbon storage, while for afforestation projects the length of the crediting period is crucial.

Abstract: Agriculture is unique among economic sectors in the nature of impacts from climate change. The production activity that transforms inputs into agricultural outputs involves direct use of weather inputs (temperature, solar radiation available to the plant, and precipitation). Previous studies of the impacts of climate change on agriculture have reported substantial differences in outcomes such as prices, production, and trade arising from differences in model inputs and model specification. This article presents climate change results and underlying determinants from a model comparison exercise with 10 of the leading global economic models that include significant representation of agriculture. By harmonizing key drivers that include climate change effects, differences in model outcomes were reduced. The particular choice of climate change drivers for this comparison activity results in large and negative productivity effects. All models respond with higher prices. Producer behavior differs by model with some emphasizing area response and others yield response. Demand response is least important. The differences reflect both differences in model specification and perspectives on the future. The results from this study highlight the need to more fully compare the deep model parameters, to generate a call for a combination of econometric and validation studies to narrow the degree of uncertainty and variability in these parameters and to move to Monte Carlo type simulations to better map the contours of economic uncertainty.

Abstract: Agricultural vulnerability to climate change is likely to vary considerably between agro-environmental regions. Exemplified on Austrian cropland, we aim at (i) quantifying climate change impacts on agricultural vulnerability which is approximated by the indicators crop yields and gross margins, (ii) developing robust crop production portfolios for adaptation, and (iii) analyzing the effect of agricultural policies and risk aversion on the choice of crop production portfolios. We have employed a spatially explicit, integrated framework to assess agricultural vulnerability and adaptation. It combines a statistical climate change model for Austria and the period 2010-2040, a crop rotation model, the bio-physical process model EPIC (Environmental Policy Integrated Climate), and a portfolio optimization model. We find that under climate change, crop production portfolios include higher shares of intensive crop management practices, increasing average crop yields by 2-15% and expected gross margins by 3-18%, respectively. The results depend on the choice of adaptation measures and on the level of risk aversion and vary by region. In the semi-arid eastern parts of Austria, average dry matter crop yields are lower but gross margins are higher than in western Austria due to bio-physical and agronomic heterogeneities. An abolishment of decoupled farm payments and a threefold increase in agri-environmental premiums would reduce nitrogen inputs by 23-33%, but also crop yields and gross margins by 18-37%, on average. From a policy perspective, a twofold increase in agri-environmental premiums could effectively reduce the trade-offs between crop production and environmental impacts. (C) 2015 Elsevier Ltd. All rights reserved.