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ECONOMICS OF AGRICULTURAL SOIL CARBON SEQUESTRATION IN THE NORTHERN GREAT PLAINS AgEcon
Antle, John M.; Capalbo, Susan Marie; Mooney, Sian; Elliott, Edward T.; Paustian, Keith H..
Under the Kyoto protocol of the United Nations Framework Convention on Climate Change the United States is charged with reducing emissions of greenhouse gases to seven percent below their 1990 levels by the period 2008-2012. These reductions could be met from many industries including agriculture. In this paper, an economic simulation model is linked to the CENTURY ecosystem model to quantify the economic efficiency of policies that might be used to sequester carbon (C) in agricultural soils in the Northern Great Plains region. Model outputs are combined to assess the costs of inducing changes in equilibrium levels of soil C through three types of policies. The first is a CRP-style policy that provides producers with per-acre payments for converting...
Tipo: Conference Paper or Presentation Palavras-chave: Policy design; Economic efficiency; Soil carbon; Sequestration; Valuing soil carbon; Great Plains agriculture; Environmental Economics and Policy; Q2.
Ano: 2000 URL: http://purl.umn.edu/21879
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ECONOMIC ANALYSIS OF AGRICULTURAL SOIL CARBON SEQUESTRATION: AN INTEGRATED ASSESSMENT APPROACH AgEcon
Antle, John M.; Capalbo, Susan Marie; Mooney, Sian; Elliott, Edward T.; Paustian, Keith H..
This study develops an integrated assessment approach for analysis of the economic potential for carbon sequestration in agricultural soils. By linking a site-specific economic simulation model of agricultural production to a crop ecosystem model, the approach shows the economic efficiency of soil carbon (C) sequestration depends on site-specific opportunity costs of changing production practices and rates of soil C sequestration. An application is made to the dryland grain production systems of the U.S. Northern Plains which illustrates the sensitivity of the sequestration costs to policy design. The marginal cost of soil C ranges from $12 to $500 per metric ton depending upon the type of contract or payment mechanism used, the amount of carbon...
Tipo: Journal Article Palavras-chave: Crop Production/Industries.
Ano: 2001 URL: http://purl.umn.edu/31037
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ECONOMICS OF AGRICULTURAL SOIL CARBON SEQUESTRATION IN THE NORTHERN PLAINS AgEcon
Antle, John M.; Capalbo, Susan Marie; Mooney, Sian; Elliott, Edward T.; Paustian, Keith H..
Under the Kyoto protocol of the United Nations Framework Convention on Climate Change the United States is charged with reducing emissions of greenhouse gases to seven percent below their 1990 levels by the period 2008-2012. These reductions could be met from many industries including agriculture. In this paper, an economic simulation model is linked to an ecosystem model to quantify the economic efficiency of policies that might be used to sequester carbon (C) in agricultural soils in the Northern Plains region. Simulations with the Century ecosystem model show that long-term soil C levels associated with a crop/fallow system are less than those for grass alone, but that soil C levels for grass-clover-pasture are greater than for continuously cropped...
Tipo: Working or Discussion Paper Palavras-chave: Policy design; Economic efficiency; Soil carbon; Sequestration; Valuing soil carbon; Great Plains agriculture; Resource /Energy Economics and Policy; Q2.
Ano: 2000 URL: http://purl.umn.edu/29239
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