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Abstract
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.