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Social and Behavioral Sciences Commons

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Agricultural and Resource Economics

South Dakota State University

Theses/Dissertations

2023

Climate-smart agriculture

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Farmers’ Preference And Willingness To Accept Carbon Payment Programs: Evidence From South Dakota, Pramisha Thapaliya Jan 2023

Farmers’ Preference And Willingness To Accept Carbon Payment Programs: Evidence From South Dakota, Pramisha Thapaliya

Electronic Theses and Dissertations

Reducing greenhouse gas (GHG) emissions is crucial to mitigate the impacts of climate change. Agricultural soil carbon sequestration holds great potential in reducing GHG emissions. No-till, conservation till and cover crops are some of the widely recognized carbon-sequestering agricultural conservation practices. However, farmers need to adopt these carbon-sequestering practices to realize the potential of agricultural soil carbon sequestration. Carbon payment or market programs are voluntary mechanisms that could incentivize farmers’ adoption of conservation practices that sequester carbon. However, there is limited knowledge of farmers’ preferences and willingness to accept (WTA) carbon payments for enrollment in such programs. This study investigates …