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| Schneider, Uwe A.; McCarl, Bruce A.; Murray, Brian C.; Williams, Jimmy R.; Sands, Ronald D.. |
| We use the Agricultural Sector Model to analyze the economic potential of soil carbon sequestration as one of several agricultural greenhouse gas emission mitigation strategies, including afforestation. For low incentives on carbon emission savings, agricultural soil carbon sequestration is the most cost-efficient strategy. As incentive levels increase above $50 per ton of carbon equivalent, afforestation and biofuel production become the key strategies, while the role of soil carbon diminishes. If saturating sinks are discounted based on their net present value, the competitive economic equilibrium among agricultural mitigation strategies shifts away from soil carbon sequestration and afforestation and toward more biofuel production. Regardless of the... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Afforestation; Agricultural Sector Model; Carbon sequestration dynamics; Economic potential; Emission leakage; Greenhouse gas emission mitigation; Sink saturation; Technical potential; Volatility; Environmental Economics and Policy. |
| Ano: 2001 |
URL: http://purl.umn.edu/18378 |
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