Kragt, M.E., Pannell, D.J., Robertson, M.J. & Thamo, T. (2012) Assessing costs of soil carbon sequestration by crop-livestock farmers in Western Australia, Agricultural Systems, 112: 27-37. DOI: 10.1016/j.agsy.2012.06.005
Massam, G.L., Burton, M., Kragt, M.E. (2013) Public preferences for the co-benefits of carbon farming. Paper presented at the 57th annual conference of the Australian Agricultural and Resource Economics Society, Sydney, 4-8 February 2013
We estimate the biophysical and socio-economic consequences of climate change mitigation by farmers.
The Australian ‘Carbon Farming Initiative’ (CFI) aims to encourage new farming practices that can store carbon, or reduce greenhouse gas emissions.
Example practices that may be funded under the CFI include:
It is unclear how changing practices will affect farm businesses. Private landholders, as well as the general public, may have different preferences for different carbon farming practices.
We do research into socio-economic questions related to carbon farming in Australia.
Period: August 2010 to June 2015
Combining these models allows us to analyse the trade-offs between farm profits and soil carbon sequestration. Such information is needed to predict what compensation farmers would need to encourage soil carbon sequestration.
This project uses socio-economic surveys, to investigate the public’s preferences for different carbon farming practices. Public benefits from carbon farming could include:
We use a choice experiment survey to estimate the public welfare impacts of carbon farming. This information can help determine whether some practices have higher social values than others.
This topic contains several sub-projects in which farmers are interviewed or surveyed about their willingness to take up carbon farming practices.
We investigate the reasons for adoption, and barriers to adoption. Reasons could include:
Barriers could include: