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Effect of a Carbon Price on Farm Profitability on Rainfed Dairy Farms in South West Victoria: A First-Look AgEcon
Ozkan, Seyda; Farquharson, Robert J.; Hill, Julian; Malcolm, Bill.
In this study, the possible impacts of different prices of carbon on farm profitability in two dairy farm businesses with different feeding systems operated over five years were analysed. The feeding systems were a ryegrass pasture-based system (RM) and a complementary forage-based system (CF). Data were obtained from a five year farmlet trial which was applied to a scaled up representative farm model. As a first look, a carbon charge was imposed on the systems as they currently operate to gauge the order of magnitude of a carbon charge on dairy systems if they were to continue to operate essentially the same system following the impost of a cost of carbon. The main finding of this study was that overall net present value (NPV) of five years of annual...
Tipo: Conference Paper or Presentation Palavras-chave: Dairy cow; Pasture-based feeding system; Carbon cost; Operating profit; Environmental Economics and Policy; Farm Management.
Ano: 2011 URL: http://purl.umn.edu/100710
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