Dieter Helm's lecture series on farming.

2. THEMES
• Farming for the Future and ELMS papers
• The 3 tier structure
• Farm payments and negotiated deals
• Auctions alternatives
• The CAP mark 2 or a public goods approach?

3. THE PUBLICATIONS
• 2 docs not 1 – addressing two different audiences
• 2 horse-approach; 2 methodologies
• Food security, food production & food subsidies
AND
• Greening the landscape

4. THE THREE TIER STRUCTURE
• CAP Pillar 1 and CAP Pillar 2 to Tier 1, and Tier 2 and Tier 3
• Tier 1 vs. the single farm payment in CAP Pillar 1
• Low enforcement – like cross compliance tier 1 package
• Tier 1 could end up like CAP Pillar 1
• Tier 2 + 3: Tier 2 = local; Tier 3= national

5. DEALS AND PACKAGES VS. AUCTIONS
• The negotiated farm-by-farm approach is the best route for capture
by both farmers and the existing institutions
• Negotiation is in the interests of NE, RPA and EA
• Auctions minimise capture & get value-for-money

6. AUCTIONS
• Auctions minimise costs and force farmers to competitively bid for a
fixed subsidy
• Auctions integrate other revenue streams
• Auctions allow catchments to “buy” spatial land planning from the
farms
• Digitalisation, natural capital baselines, satellite data
• Net zero carbon comes into play – other revenue sources

7. CAP MARK 2 OR A GENUINE
REVOLUTION?
• Most revolutions go through phases and end up as evolution
• Initial shocks – then back to modified ex ante system
• Public goods model determined on a farm-by-farm subsidies
• The CAP going in the same direction
• NFU fights its corner, high on the political agenda