Decarbonization at What Cost? Assessing the Agricultural Economic Impact of Mitigation Policy: Evidence From Net‐Zero Targets
Yu Lai, Zhaopu Liu, Mingen Zhao, Cheng Zhang, Yuchun Zhu · 2026
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Description
Yu Lai and four co-authors present a study from twenty twenty-six on the farm cost of climate mitigation policy. Net zero pledges by nations serve as the test case. Farms are the most climate prone trade, and most of the world's poor live off them. The team uses a model that matches nations with and without pledges over time.
Pledges are tied to a drop in farm output worth near eight percent. Emission cuts run at near half that rate, which the team reads as a poor trade. Poverty gauges also worsen in a clear way. Stuck mitigation tech is blamed for the losses. Adaptation policy, though, shows gains that can offset much of the harm.
Catalog record
| CREATOR | Yu Lai, Zhaopu Liu, Mingen Zhao, Cheng Zhang, Yuchun Zhu |
|---|---|
| YEAR | 2026 |
| COLLECTION | PAPERS |
| FORMAT | TXT |
| FILE SIZE | 58 KB |
| VERSION | 1.0 |
| LICENSE | CC BY 4.0 |
| RIGHTS | CC BY |
| SOURCE | Europe PMC |