Research Article

Unintended Consequences of Agricultural Participation in Voluntary Carbon Markets: Their Nature and Avoidance

Table 1

Total and average program costs at $30/tCO2e.

MandatoryPer unitPer unit plus constraints

Net offsets (in million tons CO2e)169.3999.85124.33
Participants’ offsets (in million tons CO2e)146.33165.79
Total program costs (in million $)5,081.686,266.106,555.77
Average program costs (in $/ton CO2e)30.0062.7552.73