Report to Congress: A General Assessment of the Role of Agriculture and Forestry in U.S. Carbon Markets

Office of the Chief Economist Usda

No 349044, USDA Miscellaneous from United States Department of Agriculture

Abstract: Excerpt from the report Introduction: This report assesses the current state of carbon markets and provides foundational information to determine the establishment of a Greenhouse Gas Technical Assistance Provider and Third Party Verifier Program at the U.S. Department of Agriculture (USDA). It begins with an overview of current carbon credit markets and activities related to forestry and agricultural carbon credit generation. It then provides information on the supply and demand for carbon credits; descriptions of protocols and registries and other systems used to generate carbon credits; a summary of quantification and accounting methods; an assessment of barriers to entry into carbon markets; and options to address these barriers. Finally, the report discusses opportunities for other voluntary markets outside of voluntary environmental credit markets to foster the trading, buying, or selling of credits that are derived from activities that provide other ecosystem service benefits, including activities that improve water quality, water quantity, wildlife habitat enhancement, and other ecosystem services.

Keywords: Agricultural and Food Policy; Climate Change; Crop Production/Industries; Demand and Price Analysis; Environmental Economics and Policy; Land Economics/Use; Livestock Production/Industries; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 87
Date: 2023-10
New Economics Papers: this item is included in nep-agr, nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/349044/files/CMR-A1-00185804.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:usdami:349044

DOI: 10.22004/ag.econ.349044

Access Statistics for this paper

More papers in USDA Miscellaneous from United States Department of Agriculture
Bibliographic data for series maintained by AgEcon Search ().