A new economy is coming—a low-carbon economy in which greenhouse gas emission allowances and offsets will be a commodity that is bought and sold on the open market. Landowners and farmers, the people who work the land, will have a competitive advantage in this new economy because land, if properly managed, can be made to store carbon. Industries that emit carbon dioxide will pay landowners and farmers who store carbon to offset industrial emissions.
Publications
Harnessing Farms and Forests in the Low-Carbon Economy
Links
Author
Gordon R.Smith, Bruce A. McCarl, Changsheng Li
Publisher
Durham, NC: Duke University Press
Page Numbers
41
Publication Date
January 01, 2007
Publication Type
Reports and Guides
et al. Author(s)
Roel H. Reynolds, Roel Hammerschlag, Ron L. Sass, William J. Parton, Steven M. Ogle, Keith Paustian, James Holtkamp, Wiley Barbour
State
National
Keywords
Environmental Benefits, Why Save Farmland