Crop Insurance and Unintended Consequences
Published:18 Aug.2021 Source:North Carolina State University
A new study suggests that crop insurance serves as a disincentive for farmers to adopt climate change mitigation measures on their croplands.
The study by researchers at North Carolina State University examined the interactions of warmer temperatures, crop yield risk and crop insurance participation by farmers. For the study, researchers developed models using historical county-level corn and soybean production data in the United States, with an eye toward understanding the production impacts of rising temperatures.