Presentations
T10
Soil & Water Management
Tue, Dec 19, 2023
10:00am to 10:50am
T3
Soil & Water Management
Tue, Dec 19, 2023
3:00pm to 3:50pm
An Economic Perspective of U.S. Carbon Programs
As carbon programs in the agricultural sector continue to evolve and expand throughout the country, understanding the motivation and structure of these programs is critical to understand before enrolling. This presentation will discuss what’s driving carbon programs in the U.S., the structure of carbon markets, current carbon programs, how much farmers and ranchers will get paid, concerns from an economist, and FAQs from farmers around the U.S.
Speaker
Jordan Shockley
Dr. Shockley is an Associate Extension Professor and Farm Management Specialist within the Department of Agricultural Economics at the University of Kentucky. His mission is to provide economic opportunities to U.S. producers by conducting meaningful, applied research in Farm Management and Poultry Economics and effectively communicate those opportunities to positively influence the success of producers statewide. The past two years, Dr. Shockley’s focus has been carbon markets in the U.S. and the opportunities they provide to crop and livestock producers, as well as woodland owners. Understanding and communicating the economics and risks facing farmers surrounding carbon programs has led to state, national, and international invitations to speak on the topic. While Dr. Shockley has a majority Extension appointment, he also teaches an upper-level undergraduate class in Agricultural Financial Management.