Natural Resource Economics Commons^™

Vermont Global Warming Solutions Act: The Costs Of Inaction From Land Conversions, Grayson L. Younts

All Theses

The Vermont (VT) Global Warming Solutions Act (GWSA, 2020) sets greenhouse gas (GHG) emissions reduction targets as 26% below 2005 by 2025, 40% below 1990 by 2030 and 80% below 1990 by 2050 for energy-related emissions only. Vermont’s omission of GHG emissions from land conversions can result in significant costs of inaction (COI), which can hinder state’s mitigation and adaptation plans and result in a climate crisis-related risks (e.g., credit downgrade). Science-based spatio-temporal data of GHG emissions from soils as a result of land conversions can be integrated into the conceptual framework of “action” versus “inaction” to prevent GHG emissions. …