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ID109673
Title ProperEconomic value of biochar in crop production and carbon sequestration
LanguageENG
AuthorGalinato, Suzette P ;  Yoder, Jonathan K ;  Granatstein, David
Publication2011.
Summary / Abstract (Note)This paper estimates the economic value of biochar application on agricultural cropland for carbon sequestration and its soil amendment properties. In particular, we consider the carbon emissions avoided when biochar is applied to agricultural soil, instead of agricultural lime, the amount of carbon sequestered, and the value of carbon offsets, assuming there is an established carbon trading mechanism for biochar soil application. We use winter wheat production in Eastern Whitman County, Washington as a case study, and consider different carbon offset price scenarios and different prices of biochar to estimate a farm profit. Our findings suggest that it may be profitable to apply biochar as a soil amendment under some conditions if the biochar market price is low enough and/or a carbon offset market exists.
`In' analytical NoteEnergy Policy Vol. 39, No.10; Oct 2011: p.6344-6350
Journal SourceEnergy Policy Vol. 39, No.10; Oct 2011: p.6344-6350
Key WordsBiochar ;  Carbon Sequestration ;  Farm Profitability