WHAT IS THE ECONOMIC VALUE OF SOIL ORGANIC CARBON AND HOW CAN YOU INCREASE IT?

The economic value of a commodity is a measure of the benefit people derive from it (in this case soil organic carbon) and the value is generally measured by the maximum amount that someone is willing to pay for it. Based on this economic assumption alone, the price of soil organic carbon is around $30 a tonne in Europe. Predictions are that they are likely to pay $60 a tonne within a few years’ time. However, at the moment in Australia the cost is only around $14 a tonne with indications that it will head towards $22/25 a tonne within six years. This predicted increase in price is related to expected demand. Australian governments (federal, state & territory) are all increasing their emissi

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