Release Date: 2024-06-17

Assessing the Effects of Potential Carbon Tax Implementation on Agricultural Product Markets

Cagatay Yildirim (Author), Hatice Turkten (Author), Makbule Nisa Mencet Yelboga (Author), Cansu Kadakoglu (Author)

Release Date: 2024-06-17

Carbon pricing is a broad phrase for strategies that price CO2 emissions to modify behavior and reduce emissions. Also, it is an economic strategy that utilizes a market system to trade emission allowances. The methods have the potential to effectively reduce emissions in different sectors. The agriculture sector poses distinct problems and opportunities for mitigation. [...]

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    Work TypeBook Chapter
    Published inAgricultural Economics and Climate Change
    First Page219
    Last Page254
    DOIhttps://doi.org/10.69860/nobel.9786053359432.11
    Page Count36
    Copyright HolderNobel Tıp Kitabevleri
    Licensehttps://nobelpub.com/publish-with-us/copyright-and-licensing

    Carbon pricing is a broad phrase for strategies that price CO2 emissions to modify behavior and reduce emissions. Also, it is an economic strategy that utilizes a market system to trade emission allowances. The methods have the potential to effectively reduce emissions in different sectors. The agriculture sector poses distinct problems and opportunities for mitigation. Agricultural greenhouse gas (GHG) emissions mostly comprise non-CO2 gases, particularly methane and nitrous oxide, which originate from crop cultivation and livestock operations. The objective of this study is to evaluate the impact of the hypothetical introduction of a carbon tax on agricultural product markets, specifically examining the environmental advantages and economic consequences. The study used a bibliometric analysis methodology that utilized the Preferred Reporting Items for Systematic Reviews and Meta-Analyses (PRISMA) framework to aid in the identification of relevant papers. The findings indicate that the carbon tax is likely to lead to significant changes in the agricultural sector. It is important to note that the carbon tax will lead to an increase in agricultural production costs, which will then be reflected in the prices of products. As a consequence, A carbon tax can help protect the environment by encouraging organic farming and other low-emission ways of making things. However, it may exacerbate serious economic and social issues, particularly in low-income countries. It is important to consider developing policy recommendations and solutions that are tailored to different regions to effectively manage and mitigate the effects of carbon taxes in the agricultural sector.

    Cagatay Yildirim (Author)
    Ondokuz Mayıs University
    https://orcid.org/0000-0002-4121-5564
    3Çağatay Yıldırım works as a research assistant at Samsun Ondokuz Mayıs University, Faculty of Agriculture, Department of Agricultural Economics. He got her Ph.D. in 2021. He is working subjects are agricultural policy, network efficiency, environmental efficiency, management, and utilization of agricultural wastes, risk analysis.

    Hatice Turkten (Author)
    Ondokuz Mayıs University
    https://orcid.org/0000-0003-2037-7756
    3Hatice Türkten works as a research assistant at Samsun Ondokuz Mayıs University, Faculty of Agriculture, Department of Agricultural Economics. She got her Ph.D. in 2021. She is working subjects are environmental efficiency, management, and utilization of agricultural wastes, risk analysis, circular business model.

    Makbule Nisa Mencet Yelboga (Author)
    Akdeniz University
    https://orcid.org/0000-0002-4692-9232
    3Makbule Nisa MENCET YELBOGA, has +20 years of experience on agricultural economics, environmental economics, and agricultural policy issues in rural areas. Her academic background is economics and agricultural economics. Her doctoral dissertation, funded through The Research Council of Turkey, focuses on “Ecological and Economic Analysis of Greenhouse Tomato Production: Antalya Case” in Turkey at 2011. She has been working in Akdeniz University Department of Agricultural Economics as lecturer and researcher from 2002. She has been involved several national and international projects and publish articles.

    Cansu Kadakoglu (Author)
    Malatya Turgut Özal University
    https://orcid.org/0009-0009-0195-7350
    3Cansu Kadakoğlu works as a research assistant at Malatya Turgut Özal University, Faculty of Agriculture, Department of Agricultural Economics. She completed her master’s degree in 2023 and is currently pursuing her PhD education.

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