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The non-permanence of optimal soil carbon sequestration

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Author Info
Hediger, Werner
Abstract

Carbon sequestration in agricultural soils is considered as an option of greenhouse gas mitigation in many countries. But, the economic potential is limited by the dynamic process of saturation and the opportunity cost of land use change. In addition, this article shows that permanence cannot, in general, be achieved in the strict sense of maintaining the soil carbon stock on an increased equilibrium level. Rather, a cyclical pattern with periodical release of sequestered carbon can be economically optimal from both the farmers’ and societal point of view.

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Paper provided by Agricultural Economics Society in its series 83rd Annual Conference, March 30-April 1, 2009, Dublin, Ireland with number 51057.

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Date of creation: 01 Apr 2009
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Handle: RePEc:ags:aesc09:51057

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Keywords: Agriculture; Climate policy; Carbon sequestration; Land use change; Economic analysis.; Land Economics/Use; Q15; Q24; Q54.;

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  1. Antle, John M. & Capalbo, Susan M. & 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(02), December. [Downloadable!]
  2. Lehtonen, Heikki & Peltola, Jukka & Sinkkonen, Marko, 2006. "Co-effects of climate policy and agricultural policy on regional agricultural viability in Finland," Agricultural Systems, Elsevier, vol. 88(2-3), pages 472-493, June. [Downloadable!] (restricted)
  3. Brent Sohngen & Robert Mendelsohn, 2003. "An Optimal Control Model of Forest Carbon Sequestration," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 85(2), pages 448-457, 05. [Downloadable!] (restricted)
  4. Feng, Hongli & Zhao, Jinhua & Kling, Catherine L, 2002. " The Time Path and Implementation of Carbon Sequestration," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 84(1), pages 134-49, February. [Downloadable!] (restricted)
  5. Feng, Hongli & Zhao, Jinhua & Kling, Catherine, 2002. "Time Path and Implementation of Carbon Sequestration (The)," Staff General Research Papers 5068, Iowa State University, Department of Economics.
  6. John M. Antle & Bocar Diagana, 2003. "Creating Incentives for the Adoption of Sustainable Agricultural Practices in Developing Countries: The Role of Soil Carbon Sequestration," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 85(5), pages 1178-1184, December. [Downloadable!] (restricted)
  7. Paul J. Thomassin, 2003. "Canadian Agriculture and the Development of a Carbon Trading and Offset System," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 85(5), pages 1171-1177, December. [Downloadable!] (restricted)
  8. Falk Ita & Mendelsohn Robert, 1993. "The Economics of Controlling Stock Pollutants: An Efficient Strategy for Greenhouse Gases," Journal of Environmental Economics and Management, Elsevier, vol. 25(1), pages 76-88, July. [Downloadable!] (restricted)
  9. James Manley & G. Cornelis van Kooten & Klaus Moeltner & Dale Johnson, 2003. "Creating Carbon Offsets in Agriculture through No-Till Cultivation: A Meta-Analysis of Costs and Carbon Benefits," Working Papers 2003-05, University of Victoria, Department of Economics, Resource Economics and Policy Analysis Research Group. [Downloadable!]
  10. Hongli Feng & Catherine L. Kling & Philip W. Gassman, 2004. "Carbon Sequestration, Co-Benefits, and Conservation Programs," Center for Agricultural and Rural Development (CARD) Publications 04-wp379, Center for Agricultural and Rural Development (CARD) at Iowa State University. [Downloadable!]
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  11. Linda M. Young, 2003. "Carbon Sequestration in Agriculture: The U.S. Policy Context," American Journal of Agricultural Economics, American Agricultural Economics Association, vol. 85(5), pages 1164-1170, December. [Downloadable!] (restricted)
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