Carbon Sequestration: a Potential Source of Income for Farmers

Luis Ribera (), Bruce McCarl and Joaquin Zenteno

Journal of the ASFMRA, 2009, vol. 2009, 8

Abstract: Concerns regarding climate changes due to human activities have largely increased in the past few years. Scientists believe that atmospheric build-up of greenhouse gas (GHG) lead to climate change. The agricultural industry could play a role in the reduction of atmospheric GHGs by sequestering carbon through crop production, rangeland and afforestation offsets. However, there is a limited economic opportunity for landowners to participate in the carbon market as carbon prices have ranged over the years between $2 to $5 per tonne and currently is around $6 leading to returns on the order of $1-5 per acre.

Keywords: Agribusiness; Agricultural and Food Policy; Environmental Economics and Policy (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:189848

DOI: 10.22004/ag.econ.189848

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