A marginal abatement cost analysis of practice options related to the NLMP program
The A marginal abatement cost analysis of practice options related to the NLMP program project compared expected greenhouse gas (GHG) mitigation and financial returns for practice options examined as part of the National Livestock Methane Program (NLMP) that appear to be financially viable or have the potential to be financially viable.
A total of 13 mitigation strategies were analysed for abatement potential and financial outcomes. Financial outcomes were estimated using representative case studies from eight different farming systems.
This project developed a marginal abatement cost curve (MACC) for each of these representative case study farms. The results of case study analysis were then scaled up to estimate the national potential for each of the mitigation strategies examined.
The results suggest that, when all farming systems are considered at national scale, the practice options with the greatest potential to reduce Australia’s greenhouse gas emissions inventory are algae, NOP, plant bioactives, vaccination and biochar. However it should be noted that the outputs from these analyses depend greatly on the assumptions made. Some of the assumptions are based on sound scientific evidence, but many do not yet have sufficient experimental results. Further, the cost of implementation would need to be reduced for algae, NOP and plant bioactives to become financially viable.
When: 30 August 2014 to 2 June 2015
Contact: Prof Julie Cotter, Roderick Glass, Dr John Black, Patrick Madden & Dr Tom Davison
Collaborators: Australian Centre for Sustainable Business and Development, University of Southern Queensland and John L Black Consulting
For more details, please read the final report summary and download the final report (B.CCH.6187) (PDF, 1.7 MB) from the Meat & Livestock Australia website.