| Harnessing Farms and Forests in the Low-Carbon Economy |
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Harnessing Farms and Forests in the Low-Carbon Economy
Gordon R.Smith, Bruce A. McCarl, Changsheng Li, Roel H. Reynolds, Roel Hammerschlag, Ron L. Sass, William J. Parton, Steven M. Ogle, Keith Paustian, James Holtkamp, Wiley Barbour; Durham, NC: Duke University Press; page(s) 41; 2007; National; Reports and Studies
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Abstract:
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.
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