Economics of Sequestering Carbon in the U.S. Agricultural Sector

Economics of Sequestering Carbon in the U.S. Agricultural Sector
Author:
Publisher:
Total Pages:
Release: 2004
Genre: Afforestation
ISBN:

Atmospheric concentrations of greenhouse gases can be reduced by withdrawing carbon from the atmosphere and sequestering it in soils and biomass. This report analyzes the performance of alternative incentive designs and payment levels if farmers were paid to adopt land uses and management practices that raise soil carbon levels. At payment levels below $10 per metric ton for permanently sequestered carbon, analysis suggests landowners would find it more cost effective to adopt changes in rotations and tillage practices. At higher payment levels, afforestation dominates sequestration activities, mostly through conversion of pastureland. Across payment levels, the economic potential to sequester carbon is much lower than the technical potential reported in soil science studies. The most cost-effective payment design adjusts payment levels to account both for the length of time farmers are willing to commit to sequestration activities and for net sequestration. A 50-percent cost-share for cropland conversion to forestry or grasslands would increase sequestration at low carbon payment levels but not at high payment levels.

Economics of Sequestering Carbon in the U.S. Agricultural Sector

Economics of Sequestering Carbon in the U.S. Agricultural Sector
Author:
Publisher:
Total Pages:
Release: 2004
Genre: Afforestation
ISBN:

Atmospheric concentrations of greenhouse gases can be reduced by withdrawing carbon from the atmosphere and sequestering it in soils and biomass. This report analyzes the performance of alternative incentive designs and payment levels if farmers were paid to adopt land uses and management practices that raise soil carbon levels. At payment levels below $10 per metric ton for permanently sequestered carbon, analysis suggests landowners would find it more cost effective to adopt changes in rotations and tillage practices. At higher payment levels, afforestation dominates sequestration activities, mostly through conversion of pastureland. Across payment levels, the economic potential to sequester carbon is much lower than the technical potential reported in soil science studies. The most cost-effective payment design adjusts payment levels to account both for the length of time farmers are willing to commit to sequestration activities and for net sequestration. A 50-percent cost-share for cropland conversion to forestry or grasslands would increase sequestration at low carbon payment levels but not at high payment levels.

Economics of Carbon Sequestration in Forestry

Economics of Carbon Sequestration in Forestry
Author: Terry J. Logan
Publisher: CRC Press
Total Pages: 377
Release: 2020-08-26
Genre: Science
ISBN: 1000101991

Since the 1992 Earth Summit, there have been increased efforts on an international scale to address global climate change. Reducing the increased levels of CO2 and other "greenhouse gases," which are believed to be contributing to this climatic change, will require major effort on the part of the world's governments. This means that the environmental, economic, social, and political consequences of climate change must be understood, and that strategies to mitigate climate change must also address these issues. The workshop detailed in this book concentrated on how economic principles and analysis could contribute to the planning of forestry projects aimed at affecting terrestrial carbon balances. More than 30 international scientists came together for one week near Stockholm, Sweden and divided into working groups charged with addressing a specific issue and preparing a paper within this time frame. This book contains the majority of papers presented at this meeting, and includes both the working group papers and the individually presented papers.

Economics of Carbon Sequestration in Forestry

Economics of Carbon Sequestration in Forestry
Author: Terry J. Logan
Publisher: CRC Press
Total Pages: 376
Release: 1997-12-29
Genre: Science
ISBN: 9780849311581

Since the 1992 Earth Summit, there have been increased efforts on an international scale to address global climate change. Reducing the increased levels of CO2 and other "greenhouse gases," which are believed to be contributing to this climatic change, will require major effort on the part of the world's governments. This means that the environmental, economic, social, and political consequences of climate change must be understood, and that strategies to mitigate climate change must also address these issues. The workshop detailed in this book concentrated on how economic principles and analysis could contribute to the planning of forestry projects aimed at affecting terrestrial carbon balances. More than 30 international scientists came together for one week near Stockholm, Sweden and divided into working groups charged with addressing a specific issue and preparing a paper within this time frame. This book contains the majority of papers presented at this meeting, and includes both the working group papers and the individually presented papers.

Harnessing Farms and Forests in the Low-carbon Economy

Harnessing Farms and Forests in the Low-carbon Economy
Author: Zach Willey
Publisher: Duke University Press
Total Pages: 248
Release: 2007
Genre: Business & Economics
ISBN: 9780822341680

As the United States moves to a low-carbon economy in order to combat global warming, credits for reducing carbon dioxide emissions will increasingly become a commodity that is bought and sold on the open market. Farmers and other landowners can benefit from this new economy by conducting land management practices that help sequester carbon dioxide, creating credits they can sell to industry to "offset" industrial emissions of greenhouse gases. This guide is the first comprehensive technical publication providing direction to landowners for sequestering carbon and information for traders and others who will need to verify the sequestration. It will provide invaluable direction to farmers, foresters, land managers, consultants, brokers, investors, regulators, and others interested in creating consistent, credible greenhouse gas offsets as a tradable commodity in the United States. The guide contains a non-technical section detailing methodologies for scoping of the costs and benefits of a proposed project, quantifying offsets of various sorts under a range of situations and conditions, and verifying and registering the offsets. The technical section provides specific information for quantifying, verifying, and regulating offsets from agricultural and forestry practices. Visit the Nicholas Institute for Environmental Policy Solutions website for audio from the press conference announcing the book. Read the press release announcing the book.

Storing Carbon in Agricultural Soils

Storing Carbon in Agricultural Soils
Author: Norman J. Rosenberg
Publisher: Springer Science & Business Media
Total Pages: 128
Release: 2013-03-09
Genre: Science
ISBN: 940173089X

Soil carbon sequestration can play a strategic role in controlling the increase of CO2 in the atmosphere and thereby help mitigate climatic change. There are scientific opportunities to increase the capacity of soils to store carbon and remove it from circulation for longer periods of time. The vast areas of degraded and desertified lands throughout the world offer great potential for the sequestration of very large quantities of carbon. If credits are to be bought and sold for carbon storage, quick and inexpensive instruments and methods will be needed to monitor and verify that carbon is actually being added and maintained in soils. Large-scale soil carbon sequestration projects pose economic and social problems that need to be explored. This book focuses on scientific and implementation issues that need to be addressed in order to advance the discipline of carbon sequestration from theory to reality. The main issues discussed in the book are broad and cover aspects of basic science, monitoring, and implementation. The opportunity to restore productivity of degraded lands through carbon sequestration is examined in detail. This book will be of special interest to professionals in agronomy, soil science, and climatology.

Climate Change Mitigation and Agriculture

Climate Change Mitigation and Agriculture
Author: Eva Wollenberg
Publisher: Routledge
Total Pages: 470
Release: 2013-03-01
Genre: Technology & Engineering
ISBN: 1136503447

This book reviews the state of agricultural climate change mitigation globally, with a focus on identifying the feasibility, opportunities and challenges for achieving mitigation among smallholder farmers. The purpose is ultimately to accelerate efforts towards mitigating land-based climate change. While much attention has been focused on forestry for its reputed cost-effectiveness, the agricultural sector contributes about ten to twelve per cent of emissions and has a large technical and economic potential for reducing greenhouse gases. The book does not dwell on the science of emissions reduction, as this is well covered elsewhere; rather, it focuses on the design and practical implementation of mitigation activities through changing farming systems. Climate Change Mitigation and Agriculture includes chapters about experiences in developed countries, such as Canada and Australia, where these efforts also have lessons for mitigation options for smallholders in poorer nations, as well as industrialising countries such as Brazil and China. A wide range of agroecological zones and of aspects or types of farming, including livestock, crops, fish farming, fertilizer use and agroforestry, as well as economics and finance, is included. The volume presents a synthesis of current knowledge and research activities on this emerging subject. Together the chapters capture an exciting period in the development of land-based climate change mitigation as attention is increasingly focused on agriculture's role in contributing to climate change.