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University of Nebraska - Lincoln

Economics

Carbon markets

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Agricultural Carbon Markets: How Could They Work?, Andrew Havens Mar 2022

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 …