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Economic Feasibility of Carbon Sequestration with Alternative Tillage Systems

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Listed:
  • Pendell, Dustin
  • Williams, Jeffery
  • Sweeney, Daniel
  • Nelson, Richard
  • Rice, Charles

Abstract

Sequestration of carbon has gained increased attention in recent years because of environmental and economic motives. This study examined the economic feasibility of using reduced-tillage (RT) and notillage (NT) rather than conventional-tillage (CT) to sequester soil carbon with the use of either anhydrous ammonia (NH3), ureaammonium nitrate solution (UAN), or urea for a grain sorghum-soybean rotation. The results show that RT with NH3 had the highest net return but not the highest level of carbon sequestration. Carbon credits ranging from $0.00 to $77.23/ton of C/year were needed to entice producers to adopt either RT Urea or NT NH3, the systems that sequestered the highest and second highest amount of carbon per year, depending upon the farming system originally being used.

Suggested Citation

  • Pendell, Dustin & Williams, Jeffery & Sweeney, Daniel & Nelson, Richard & Rice, Charles, 2006. "Economic Feasibility of Carbon Sequestration with Alternative Tillage Systems," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2006, pages 1-10.
    • Handle: RePEc:ags:jasfmr:190697
    DOI: 10.22004/ag.econ.190697
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    References listed on IDEAS

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    1. Antle, John M. & Capalbo, Susan Marie & Mooney, Sian & Elliott, Edward T. & Paustian, Keith H., 2001. "Economic Analysis Of Agricultural Soil Carbon Sequestration: An Integrated Assessment Approach," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(2), pages 1-24, December.
    2. Beaton, Aaron J. & Dhuyvetter, Kevin C. & Kastens, Terry L. & Williams, Jeffery R., 2005. "Per Unit Costs to Own and Operate Farm Machinery," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 37(1), pages 131-144, April.
    3. Cacho, Oscar J. & Hean, Robyn L. & Wise, Russell M., 2003. "Carbon-accounting methods and reforestation incentives," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(2), pages 1-27, June.
    4. Hongli Feng & Lyubov A. Kurkalova & Catherine L. Kling & Philip W. Gassman, 2004. "Environmental Conservation in Agriculture: Land Retirement versus Changing Practices on Working Land," Center for Agricultural and Rural Development (CARD) Publications 04-wp365, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    5. Peter J. Parks & Ian W. Hardie, 1995. "Least-Cost Forest Carbon Reserves: Cost-Effective Subsidies to Convert Marginal Agricultural Land to Forests," Land Economics, University of Wisconsin Press, vol. 71(1), pages 122-136.
    6. Robert N. Stavins, 1999. "The Costs of Carbon Sequestration: A Revealed-Preference Approach," American Economic Review, American Economic Association, vol. 89(4), pages 994-1009, September.
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    Cited by:

    1. Williams, Jeffery & Pendell, Dustin & Llewelyn, Richard & Peterson, Dallas & Nelson, Richard, 2009. "Returns to Tillage Systems under Changing Input and Output Market Conditions," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2009, pages 1-16.

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