Evaluating the Economic Feasibility of Environmentally Beneficial Agricultural Technologies Compared to Conventional Technologies

Author: Anne Weir
Date: June 2012
Abstract: Many farmers are willing to adopt new technologies only if they are at least as profitable as the ones they replace. For such farmers, an environmentally beneficial technology must offer comparable profitability to that of the established conventional technology. This framework was applied to perennial wheat and intermediate wheatgrass, two environmentally beneficial crops currently under development. None of the perennial grain lines from wheat trials in Australia had profits that were greater than or equal to those of annual wheat, the comparative conventional technology. To the adopted, the lines would thus require a change in price, yield, costs, subsidies or perenniality.

Read full thesis here.