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Economic Analysis Of Agricultural Soil Carbon Sequestration: An Integrated Assessment Approach

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Listed:
  • Antle, John M.
  • Capalbo, Susan Marie
  • Mooney, Sian
  • Elliott, Edward T.
  • Paustian, Keith H.

Abstract

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 sequestered, and the site-specific characteristics of the areas.

Suggested Citation

  • Antle, John M. & Capalbo, Susan Marie & Mooney, Sian & Elliott, Edward T. & Paustian, Keith H., 2001. "Economic Analysis Of Agricultural Soil Carbon Sequestration: An Integrated Assessment Approach," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(2), pages 1-24, December.
    • Handle: RePEc:ags:jlaare:31037
    DOI: 10.22004/ag.econ.31037
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    References listed on IDEAS

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