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Are Ranchers Interested in Joining the Carbon Market? Survey Says: Maybe

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  • Nimlos, Nicole
  • Bastian, Christopher
  • Scasta, John Derek

Abstract

The carbon market offers an opportunity for ranchers to receive compensation for engaging in stewardship practices that sequester greenhouse gases. We present results from a survey administered in January 2024 of 504 ranchers across 10 Great Plains and Front Range states exploring their willingness to join the carbon market, and their reasons for non-participation. We found that 55% of respondents are interested in joining a grassland carbon market program. Top non-participation reasons include concerns about long-term contracts, payment amounts, and having a conservation easement to be eligible. Private carbon markets and future federal programs should consider ranchers’ preferences for enrollment if they want to encourage participation.

Suggested Citation

  • Nimlos, Nicole & Bastian, Christopher & Scasta, John Derek, 2025. "Are Ranchers Interested in Joining the Carbon Market? Survey Says: Maybe," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2025, June.
    • Handle: RePEc:ags:jasfmr:410246
    DOI: 10.22004/ag.econ.410246
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