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Full-Text Articles in Physical Sciences and Mathematics
Will Saf Turbocharge The Corn Ethanol Market?, Richard Perrin, Lilyan Fulginiti, Felipe Miranda De Souza Almeida
Will Saf Turbocharge The Corn Ethanol Market?, Richard Perrin, Lilyan Fulginiti, Felipe Miranda De Souza Almeida
Cornhusker Economics
The long-run outlook for the corn ethanol industry is questionable, due to a transition to electric and hybrid vehicles. One source of hope for the long run is the potential demand for producing Sustainable Aviation Fuel (SAF). SAF is a key component in the United States Aviation Climate Action Plan, a path to net-zero greenhouse gas (GHG) emissions in the aviation industry by 2050. Demand for ethanol for SAF offers hope to the ethanol industry, but it depends a great deal on policy decisions that are being made now. Here we sketch out this story.
Based on the information available …
Deficit Irrigation Management For Irrigated Corn In Nebraska: Economically Viable?, Lia Nogueira, Cory Walters, Emily O'Donnell, Wesley Peterson, Suat Irmak
Deficit Irrigation Management For Irrigated Corn In Nebraska: Economically Viable?, Lia Nogueira, Cory Walters, Emily O'Donnell, Wesley Peterson, Suat Irmak
Cornhusker Economics
In this study we determine the economic value of deficit irrigation management using both technological and methodological advancements. The use of soil moisture probes represents the technological improvement. We provide improvements in the methodology as follows. Regarding data, we employ a field-size study, instead of plots, where the irrigation decision is determined by the moisture level in the soil measured through a soil moisture probe. Regarding the understanding of the yield response to water, although we examine the commonly used quadratic function, we improve upon this specification by also examining an alternative response function, the linear response stochastic plateau. Our …
Carbon Farming: A Preliminary Economic Analysis Of Carbon Credits For No-Till And Cover Crops, Drew Havens, Richard K. Perrin, Lilyan E. Fulginiti
Carbon Farming: A Preliminary Economic Analysis Of Carbon Credits For No-Till And Cover Crops, Drew Havens, Richard K. Perrin, Lilyan E. Fulginiti
Cornhusker Economics
Summary Based on experimental data about the amount of carbon sequestered and estimated implementation costs, our preliminary results show that the average cost of sequestering carbon via no-till (about $22 per ton of CO2e) appears to be much lower than the $51 per ton social value of sequestering that ton. In contrast, our preliminary results show that the average costs of sequestration via adoption of cover crops is much higher, about $60 per ton. Depending on how accurate soil carbon models are in predicting sequestration on individual fields to qualify them for enrollment, reimbursement costs for planting cover …
The Impact Of Policy Design On Willingness To Pay For Ecosystem Services From Prairie Strips, Karina Schoengold, Badri Khanal, Taro Mieno, Lisa Schulte Moore
The Impact Of Policy Design On Willingness To Pay For Ecosystem Services From Prairie Strips, Karina Schoengold, Badri Khanal, Taro Mieno, Lisa Schulte Moore
Cornhusker Economics
Ecosystem services from farmland conservation are public good benefits. The value of these benefits is primarily measured using methods that determine the willingness to pay (WTP) for those benefits. Prairie strips, a farmland conservation practice, provide ecosystem services such as improved water quality, soil health, and biodiversity (Schulte et al., 2017). The state of Iowa is a major corn producer and contributes significant amounts of nitrogen and phosphorous to the Gulf of Mexico (Alexander et al., 2008). The development of conventional agricultural systems has also resulted in a significant loss of biodiversity, including a dominant land cover of tallgrass prairie. …