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Carbon For Sale: Legal Issues With Carbon Farming In The United States

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  • Hall, Peggy Kirk

Abstract

Desires to accomplish net-zero carbon emissions are bringing carbon farming opportunities to farmers in the United States. But carbon markets and carbon agreements raise several important legal issues. This paper discusses three relevant concerns: uncertainty over the legal nature of carbon credits, incompatibility between farming practices and additionality and permanence components of carbon credits, and the lack of governance and infrastructure in the carbon market. Two critical questions arise: whether carbon credits are the appropriate mechanism for incentivizing carbon farming and whether governmental involvement is necessary to bring order to the carbon market. Two critical questions arise: whether carbon credits are the appropriate mechanism for incentivizing carbon farming and whether governmental involvement is necessary to bring order to the carbon market.

Suggested Citation

  • Hall, Peggy Kirk, 2022. "Carbon For Sale: Legal Issues With Carbon Farming In The United States," 23rd Congress, Copenhagen, Denmark, 2022 345994, International Farm Management Association.
    • Handle: RePEc:ags:ifma22:345994
    DOI: 10.22004/ag.econ.345994
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    References listed on IDEAS

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    1. Richard G. Newell & William A. Pizer & Daniel Raimi, 2014. "Carbon Markets: Past, Present, and Future," Annual Review of Resource Economics, Annual Reviews, vol. 6(1), pages 191-215, October.
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