Carbon Sequestration: a Potential Source of Income for Farmers

Concerns regarding climate changes due to human activities have largely increased in the past few years. Scientists believe that atmospheric build-up of greenhouse gas (GHG) lead to climate change. The agricultural industry could play a role in the reduction of atmospheric GHGs by sequestering carbon through crop production, rangeland and afforestation offsets. However, there is a limited economic opportunity for landowners to participate in the carbon market as carbon prices have ranged over the years between $2 to $5 per tonne and currently is around $6 leading to returns on the order of $1-5 per acre.


Issue Date:
2009
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/189848
PURL Identifier:
http://purl.umn.edu/189848
Published in:
Journal of the ASFMRA (American Society of Farm Managers and Rural Appraisers), 2009
Page range:
70-77
Total Pages:
8




 Record created 2017-04-01, last modified 2020-10-28

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