The Viability of Creating Wetlands for the Sale of Carbon Offsets
AbstractThis 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 wetlandsâ€™ costs, offset prices, and wetlandsâ€™ effects on greenhouse gases.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by Western Agricultural Economics Association in its journal Journal of Agricultural and Resource Economics.
Volume (Year): 34 (2009)
Issue (Month): 2 (August)
carbon markets; carbon sequestration; offsets; wetland restoration; Environmental Economics and Policy; Land Economics/Use;
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Joseph Cooper & John Loomis, 1993. "Testing whether waterfowl hunting benefits increase with greater water deliveries to wetlands," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 3(6), pages 545-561, December.
- Paul Baer & Clive L Spash, 2008. "Cost-Benefit Analysis of Climate Change: Stern Revisited," Socio-Economics and the Environment in Discussion (SEED) Working Paper Series 2008-07, CSIRO Sustainable Ecosystems.
- Ribaudo, Marc & Hansen, LeRoy T. & Hellerstein, Daniel & Greene, Catherine R., 2008. "The Use of Markets To Increase Private Investment in Environmental Stewardship," Economic Research Report 56473, United States Department of Agriculture, Economic Research Service.
- Withey, Patrick & van Kooten, G. Cornelis, 2011. "The effect of climate change on optimal wetlands and waterfowl management in Western Canada," Ecological Economics, Elsevier, vol. 70(4), pages 798-805, February.
- G. Cornelis van Kooten & Patrick Withey & Linda Wong, 2011.
"Bioeconomic Modeling of Wetlands and Waterfowl in Western Canada: Accounting for Amenity Values,"
Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie,
Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 59, pages 167-183, 06.
- van Kooten, G. Cornelis & Withey, Patrick & Wong, Linda, 2010. "Bioeconomic modeling of wetlands and waterfowl in Western Canada: Accounting for amenity values," Annual Meeting, 2010, Denver Colorado, July 25-27 61308, Canadian Agricultural Economics Society.
- G. Cornelis van Kooten & Patrick Withey & Linda Wong, 2010. "Bioeconomic modeling of wetlands and waterfowl in Western Canada: Accounting for amenity values," Working Papers 2010-04, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
- Gascoigne, William R. & Hoag, Dana & Koontz, Lynne & Tangen, Brian A. & Shaffer, Terry L. & Gleason, Robert A., 2011. "Valuing ecosystem and economic services across land-use scenarios in the Prairie Pothole Region of the Dakotas, USA," Ecological Economics, Elsevier, vol. 70(10), pages 1715-1725, August.
- Neuman, Amber D. & Belcher, Ken W., 2011. "The contribution of carbon-based payments to wetland conservation compensation on agricultural landscapes," Agricultural Systems, Elsevier, vol. 104(1), pages 75-81, January.
- Patrick Withey & G. Cornelis van Kooten, 2011. "The Effect of Climate Change on Wetlands and Waterfowl in Western Canada: Incorporating Cropping Decisions into a Bioeconomic Model," Working Papers 2011-06, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.