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Regenerative Farming Practices: How Much Carbon Do They Sequester?, Andrew M. Havens
Regenerative Farming Practices: How Much Carbon Do They Sequester?, Andrew M. Havens
Department of Agricultural Economics: Dissertations, Theses, and Student Research
Along with the recent rise of voluntary carbon markets comes potential carbon credit producers seeking reliable information on how much carbon they can expect to sequester. In this thesis a distribution of expected sequestration outcomes is constructed using cost-benefit analysis and data gathered from agronomic experiments and land-grant university crop budgets for cover crops and no-till practices. The inverse cumulative distribution of carbon sequestration outcomes from adopting a regenerative agricultural practice is visualized and the net social benefit of paying farmers to produce carbon credits is estimated. Results show that on average there is between $29.02 and $37.20 of social …
Agricultural Carbon Markets: How Could They Work?, Andrew Havens
Agricultural Carbon Markets: How Could They Work?, Andrew Havens
Honors Theses
The resurgence of voluntary markets in which consumers can purchase carbon credits generated by agricultural carbon sequestration has brought up many questions for farmers looking to potentially enter the market. Past carbon markets, such as the Chicago Climate Exchange, ended when a recession hit, causing demand for credits to swiftly decline. How can modern voluntary markets face these challenges along with new ones and be successful? This research paper, completed as an undergraduate thesis project at the University of Nebraska-Lincoln, examines the economic and scientific factors behind soil carbon sequestration credits. An extended literature review combined with estimation of a …