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The Role Of Carbon Credits On Farmers’ Adoption Of Climate-Smart Practices In South Dakota, Stephen Cheye
The Role Of Carbon Credits On Farmers’ Adoption Of Climate-Smart Practices In South Dakota, Stephen Cheye
Electronic Theses and Dissertations
Net-zero pledges and carbon credit systems have gained momentum due to the growing urgency to address climate change and limit global warming to below 2°C above preindustrial levels. Agricultural carbon credits can be a potentially win-win mechanism by providing extra income for farmers while helping to reduce greenhouse gas emissions. Nevertheless, there is a paucity of understanding about farmers’ willingness to accept carbon credit incentives and adopt climate-smart practices that sequester carbon. To address this, we analyzed 309 responses from a South Dakota producer survey conducted in 2021. We estimated probit and interval regression models to ascertain the level of …