Are Ranchers Interested in Joining the Carbon Market? Survey Says: Maybe

Nicole Nimlos, Christopher Bastian and John Derek Scasta

Journal of the ASFMRA, 2025, vol. 2025

Abstract: The carbon market offers an opportunity for ranchers to receive compensation for engaging in stewardship practices that sequester greenhouse gases. We present results from a survey administered in January 2024 of 504 ranchers across 10 Great Plains and Front Range states exploring their willingness to join the carbon market, and their reasons for non-participation. We found that 55% of respondents are interested in joining a grassland carbon market program. Top non-participation reasons include concerns about long-term contracts, payment amounts, and having a conservation easement to be eligible. Private carbon markets and future federal programs should consider ranchers’ preferences for enrollment if they want to encourage participation.

Keywords: Environmental Economics and Policy; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:410246

DOI: 10.22004/ag.econ.410246

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