Quantifying carbon additionality for uneven-aged forests

Author:

Mei BinORCID

Abstract

Forests can be managed to sequester atmospheric carbon in addition to producing timber. Forest carbon represents a nature-based solution to climate change and global warming. To internalize the positive externality (social benefit) of forest carbon, additionality must be defined and quantified. In this study, the discounted cash flow approach is applied to an uneven-aged sugar maple forest at a steady state to measure carbon additionality. Carbon credits are generated from the marginal forest growth, while a carbon release penalty is incurred by a harvest. The business-as-usual scenario is defined by a shorter harvest cycle, while an alternative carbon scenario is defined by a longer one. Then, additionality is defined by the difference in the net present value of carbon sequestration on a perpetual basis between the two scenarios. Compared with previous analysis on even-aged southern pine plantations, there is some evidence that the uneven-aged sugar maple forest is less economically effective in carbon offset as indicated by the benefit-cost ratio.

Publisher

Forest Business Analytics sp. z o.o.

Reference13 articles.

1. Buongiorno J, Gilless JK. 2003. Decision methods for forest resource management. Academic Press, San Diego, CA. 439 p.

2. Consequences of Discount Rate Selection for Financial and Ecological Expectation and Risk in Forest Management

3. The economic value of a forested catchment with timber, water and carbon sequestration benefits

4. Donofrio S, Maguire P, Myers K, Daley C, Lin K. 2021. State of the voluntary carbon markets 2021, Washington, DC. 40 p.

5. Ecosystem Marketplace. 2022. Voluntary carbon markets top $1 billion in 2021 with newly reported trades, a special ecosystem marketplace COP26 bulletin. Available at: https://www.ecosystemmarketplace.com/articles/voluntary-carbon-markets-top-1-billion-in-2021-with-newly-reported-trades-special-ecosystem-marketplace-cop26-bulletin/. Last accessed September 7, 2022.

Cited by 1 articles. 订阅此论文施引文献 订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献

同舟云学术

1.学者识别学者识别

2.学术分析学术分析

3.人才评估人才评估

"同舟云学术"是以全球学者为主线,采集、加工和组织学术论文而形成的新型学术文献查询和分析系统,可以对全球学者进行文献检索和人才价值评估。用户可以通过关注某些学科领域的顶尖人物而持续追踪该领域的学科进展和研究前沿。经过近期的数据扩容,当前同舟云学术共收录了国内外主流学术期刊6万余种,收集的期刊论文及会议论文总量共计约1.5亿篇,并以每天添加12000余篇中外论文的速度递增。我们也可以为用户提供个性化、定制化的学者数据。欢迎来电咨询!咨询电话:010-8811{复制后删除}0370

www.globalauthorid.com

TOP

Copyright © 2019-2024 北京同舟云网络信息技术有限公司
京公网安备11010802033243号  京ICP备18003416号-3