The Viability of Creating Wetlands for the Sale of Carbon Offsets

This analysis estimates the profitability of restoring wetlands for the sale of carbon offsets. Results indicate that about 7% to 12% of the recently restored grassed wetlands of the prairie pothole and high plains regions and 20% to 35% of the forested wetlands of the Mississippi alluvial valley and Gulf-Atlantic coastal flats regions could have carbon offset values that exceed the cost of restoring the wetland and the opportunity cost of moving the land out of agricultural production. Given the uncertainties, the analysis applies conservative estimates of wetlands’ costs, offset prices, and wetlands’ effects on greenhouse gases.


Issue Date:
2009-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/54551
Published in:
Journal of Agricultural and Resource Economics, Volume 34, Number 2
Page range:
350-365
Total Pages:
16




 Record created 2017-04-01, last modified 2017-08-25

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)