Agricultural Offset Potential in the United States: Economic and Geospatial Insights

Environmental Defense Fund Economics Discussion Paper Series, EDF EDP 20-01

32 Pages Posted: 13 Nov 2020 Last revised: 24 Feb 2021

See all articles by Jeremy Proville

Jeremy Proville

Environmental Defense Fund

Robert Parkhurst

Sierra View Consulting

Steven Koller

University of Miami

Sara Kroopf

affiliation not provided to SSRN

Justin Baker

affiliation not provided to SSRN

William Salas

affiliation not provided to SSRN

Date Written: September 25, 2020

Abstract

Although agricultural greenhouse gases (GHGs) are emitted from a wide variety of activities and regions, many mitigation opportunities exist. This article describes efforts undertaken by Environmental Defense Fund (EDF) and partners (2007 to present) to convert abatement opportunities into carbon offsets with the aim of reducing GHGs in this sector and providing revenue to landowners. Analyses of emission-abating practices for rice, rangelands and almonds demonstrate that abatement costs are significant for most practices and are accompanied by high break-even carbon prices — often due to high transaction costs. Nonetheless, total abatement potential is shown to be large for certain activities. For this reason, and given the large series of opportunities not yet explored, a focal point of subsequent efforts should be to reduce transaction costs and barriers to entry.

Keywords: Agriculture, Carbon Offsets, United States

JEL Classification: Q50, Q18

Suggested Citation

Proville, Jeremy and Parkhurst, Robert and Koller, Steven and Kroopf, Sara and Baker, Justin and Salas, William, Agricultural Offset Potential in the United States: Economic and Geospatial Insights (September 25, 2020). Environmental Defense Fund Economics Discussion Paper Series, EDF EDP 20-01, Available at SSRN: https://ssrn.com/abstract=3699751 or http://dx.doi.org/10.2139/ssrn.3699751

Jeremy Proville (Contact Author)

Environmental Defense Fund

1875 Connecticut ave
257 Park Avenue South
Washington, DC 20009
United States

Robert Parkhurst

Sierra View Consulting ( email )

375 E Grandview Avenue
Sierra Madre, CA 91024
United States
6502484379 (Phone)
91024 (Fax)

Steven Koller

University of Miami ( email )

Coral Gables, FL 33124
United States

Sara Kroopf

affiliation not provided to SSRN

Justin Baker

affiliation not provided to SSRN

William Salas

affiliation not provided to SSRN

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