RELATIVE EFFICIENCY OF SEQUESTERING CARBON IN AGRICULTURAL SOILS THROUGH SECOND BEST MARKET-BASED INSTRUMENTS

Abstract

The total expected cost of sequestering carbon in agricultural soils is estimated under a possible EQIP program offering a per-acre subsidy to adopt conservation tillage and a carbon credit program where producers can sell their carbon credit in an external market. Both programs are compared to the minimum cost solution.Land Economics/Use, Resource /Energy Economics and Policy,