Why are nature-based carbon offset prices so low?

By Brent Sohngen (sohngen.1@osu.edu)   For nearly 25 years, carbon offsets in agriculture and forestry have been the next big thing – a market with huge potential to increase revenue for farming with certain practices like conservation or no till,…

How much is public land worth in Ohio?

How much is public land worth in Ohio?

by Brent Sohngen (sohngen.1@osu.edu) Well, it’s spring again and flowers are starting to show. My favorite is the snow trillium. Hard to find, but worth the walk. It’s not the state flower of Ohio, but it should be. It’s a…

Tax revenues or PILOT II

Tax revenues or PILOT II

Posted by Brent Sohngen Please feel free to email with any questions: sohngen.1@osu.edu The upshot of this post (to see the last post referred to below, go here) You can’t compare two financial analyses that use fundamentally different input data….

The Economics of Solar Development in Ohio

By Grayson Penland and Brent Sohngen This report examines a number of economic aspects of solar development in Ohio. Here is a summary of the findings. A PDF of the report can be downloaded here. Solar energy constitutes about 1.4%…

Real Property Tax Versus PILOT for Solar?

Real Property Tax Versus PILOT for Solar?

by Brent Sohngen, AED Economics (Sohngen.1@osu.edu)   Amid the debate about installing solar power on farmland in the state lies a discussion about how to evaluate the approach any county takes when taxing solar fields. It is well known that…

The pathway to net zero emissions runs straight through the farm

by Brent Sohngen, Professor of Environmental and Natural Resource Economics, Ohio State University. [This post appeared in The Columbus Dispatch on August 5, 2021. Click here] These days, it seems, farmers can get paid for all kinds of stuff. While…