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Economics of Carbon Sequestration in Forestry

Economics of Carbon Sequestration in Forestry
Author: Terry J. Logan
Publisher: CRC Press
Total Pages: 376
Release: 2020-08-26
Genre: Science
ISBN: 1000144305

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Since the 1992 Earth Summit, there have been increased efforts on an international scale to address global climate change. Reducing the increased levels of CO2 and other "greenhouse gases," which are believed to be contributing to this climatic change, will require major effort on the part of the world's governments. This means that the environmental, economic, social, and political consequences of climate change must be understood, and that strategies to mitigate climate change must also address these issues. The workshop detailed in this book concentrated on how economic principles and analysis could contribute to the planning of forestry projects aimed at affecting terrestrial carbon balances. More than 30 international scientists came together for one week near Stockholm, Sweden and divided into working groups charged with addressing a specific issue and preparing a paper within this time frame. This book contains the majority of papers presented at this meeting, and includes both the working group papers and the individually presented papers.


Economics of Carbon Sequestration in Forestry

Economics of Carbon Sequestration in Forestry
Author: Terry J. Logan
Publisher: CRC Press
Total Pages: 376
Release: 1997-12-29
Genre: Science
ISBN: 9780849311581

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Since the 1992 Earth Summit, there have been increased efforts on an international scale to address global climate change. Reducing the increased levels of CO2 and other "greenhouse gases," which are believed to be contributing to this climatic change, will require major effort on the part of the world's governments. This means that the environmental, economic, social, and political consequences of climate change must be understood, and that strategies to mitigate climate change must also address these issues. The workshop detailed in this book concentrated on how economic principles and analysis could contribute to the planning of forestry projects aimed at affecting terrestrial carbon balances. More than 30 international scientists came together for one week near Stockholm, Sweden and divided into working groups charged with addressing a specific issue and preparing a paper within this time frame. This book contains the majority of papers presented at this meeting, and includes both the working group papers and the individually presented papers.


Economics of Forestry

Economics of Forestry
Author: Roger A. Sedjo
Publisher: Routledge
Total Pages: 659
Release: 2018-02-06
Genre: Social Science
ISBN: 1351725912

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This title was first published in 2003. The 'Economics of Forestry' is a specialized subset of resource economics addressing a specific natural resource - the forest - which is usually a relatively long time period. Hence, forest economics has characteristics similar to nonrenewable resources but also has those of a renewable resource, in some cases approaching those of agriculture. This volume comprises some of the most significant journal essays in forest economics and forest policy. The International Library of Environmental Economics and Policy explores the influence of economics on the development of environmental and natural resource policy. In a series of twenty five volumes, the most significant journal essays in key areas of contemporary environmental and resource policy are collected. Scholars who are recognized for their expertise and contribution to the literature in the various research areas serve as volume editors and write essays that provides the context for the collection. Volumes in the series reflect three broad strands of economic research including 1) Natural and Environmental Resources, 2) Policy Instruments and Institutions and 3) Methodology. The editors, in their introduction to each volume, provide a state-of-the-art overview of the topic and explain the influence and relevance of the collected papers on the development of policy. This reference series provides access to the economic literature that has shaped contemporary perspectives on land use analysis and policy.


Economic analysis of greenhouse gas mitigation potential in the US forest sector

Economic analysis of greenhouse gas mitigation potential in the US forest sector
Author: Justin Baker
Publisher: RTI Press
Total Pages: 8
Release: 2017-08-30
Genre: Science
ISBN:

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This study conducted an economic analysis of future US forest mitigation potential using a detailed economic model of the global forestry sector. The scenario design included a wide range of possible future carbon price incentives and climate policy structures (unilateral and global mitigation). Results across all scenarios show US forest sector mitigation potential ranging from 54 to 292 MtCO2e between 2015 and 2030 (5 to 47 percent of the additional mitigation needed to achieve the 26 to 28 percent emissions reduction target). The results from this study suggest that the US forest sector can play an important role in global greenhouse gas mitigation efforts, including efforts to meet any potential future US mitigation targets.


Climate Change Mitigation and Agriculture

Climate Change Mitigation and Agriculture
Author: Eva Wollenberg
Publisher: Routledge
Total Pages: 470
Release: 2013-03-01
Genre: Technology & Engineering
ISBN: 1136503447

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This book reviews the state of agricultural climate change mitigation globally, with a focus on identifying the feasibility, opportunities and challenges for achieving mitigation among smallholder farmers. The purpose is ultimately to accelerate efforts towards mitigating land-based climate change. While much attention has been focused on forestry for its reputed cost-effectiveness, the agricultural sector contributes about ten to twelve per cent of emissions and has a large technical and economic potential for reducing greenhouse gases. The book does not dwell on the science of emissions reduction, as this is well covered elsewhere; rather, it focuses on the design and practical implementation of mitigation activities through changing farming systems. Climate Change Mitigation and Agriculture includes chapters about experiences in developed countries, such as Canada and Australia, where these efforts also have lessons for mitigation options for smallholders in poorer nations, as well as industrialising countries such as Brazil and China. A wide range of agroecological zones and of aspects or types of farming, including livestock, crops, fish farming, fertilizer use and agroforestry, as well as economics and finance, is included. The volume presents a synthesis of current knowledge and research activities on this emerging subject. Together the chapters capture an exciting period in the development of land-based climate change mitigation as attention is increasingly focused on agriculture's role in contributing to climate change.


Economics of Climate Change: The Contribution of Forestry Projects

Economics of Climate Change: The Contribution of Forestry Projects
Author: Wolfram Kägi
Publisher: Springer Science & Business Media
Total Pages: 175
Release: 2012-12-06
Genre: Technology & Engineering
ISBN: 940159600X

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Climate change is one of the major global environmental problems, one that has the potential to confront us with great costs during the decades to come. Climate change is caused by emissions of greenhouse gases (GHGs) such as carbon dioxide (CO). As z deforestation leads to CO emissions and growing forests sequester CO, forestry z z projects provide us with options to mitigate CO effects. This study analyses the z contribution Jorestry projects can make within the context of climate change. The contribution of forestry projects is here discussed on two levels. On a first level, the COz effect of individual projects is analysed. On a second level, the study asks whether the analysis of forestry projects can contribute to questions on climate change which have been discussed in the economic literature during the past two decades. While most studies on forestry projects focus on particular details, predominantly on technical issues, this study takes a rather broad perspective, drawing together different relevant aspects: the stability of international agreements is discussed, costs and benefIts of reducing GHG emissions in industrial countries are reviewed, the underlying causes of deforestation are analysed and insights from resource economics are taken into consideration. Such a wide perspectiveallows the identifIcation, discussion and appreciation of problems and opportunities associated with forestry projects in the context of climate change which are otherwise not recognised.


Trees at Work

Trees at Work
Author: Forest Service (U.S.)
Publisher: Government Printing Office
Total Pages: 120
Release: 2017
Genre: Business & Economics
ISBN: 9780160943607

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This guide showcases the increasing interest in ecosystem services, discusses the motivations for valuations of FES (forest ecosystem services) at the State level, and places this work in the context of economic accounting. Readers may be interested in this report to expand their understanding of approaches used and value forest ecosystem services. However, the intended target audience for this report is State forestry officials charged with requesting, selecting, guiding, and evaluating the results of FES assessments in their states. Foresters, construction officials utilizing forest based products, educators, instructors and students in the fields of environmental science and forestry, environmentalists, and investors in the forest products category may also be interested in this work. Check out our Environment & Nature resources collection here:https://bookstore.gpo.gov/catalog/environment-nature Trees & Forests collection here:https://bookstore.gpo.gov/catalog/environment-nature Water Management collection here: https://bookstore.gpo.gov/catalog/water-management


Carbon Sinks and Climate Change

Carbon Sinks and Climate Change
Author: Colin A. G. Hunt
Publisher: Edward Elgar Publishing
Total Pages: 251
Release: 2009-01-01
Genre: Nature
ISBN: 1849802106

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The importance of this book lies in being one of the first comprehensive attempts to summarise major findings in the field of carbon sinks and climate change. . . The book also deals comprehensively with the present and future role of forests in climate change policy and practice. . . This timely book is essential reading for policy decision-makers and foresters alike. Wasantha Athukorala, Economic Analysis and Policy Reforestation and avoiding deforestation are methods of harnessing nature to tackle global warming the greatest challenge facing humankind. In this book, Colin Hunt deals comprehensively with the present and future role of forests in climate change policy and practice. The author provides signposts for the way ahead in climate change policy and offers practical examples of forestry s role in climate change mitigation in both developed and tropical developing countries. Chapters on measuring carbon in plantations, their biodiversity benefits and potential for biofuel production complement the analysis. He also discusses the potential for forestry in climate change policy in the United States and other countries where policies to limit greenhouse gas emissions have been foreshadowed. The author employs scientific and socio-economic analysis and lays bare the complexity of forestry markets. A review of the workings of carbon markets, based both on the Kyoto Protocol and voluntary participation, provides a foundation from which to explore forestry s role. Emphasis is placed on acknowledging how forests idiosyncrasies affect the design of markets for sequestered carbon. The realization of forestry s potential in developed countries depends on the depth of cuts in greenhouse gas emissions, together with in-country rules on forestry. An increase in funding for carbon retention in tropical forests is an immediate imperative, but complexities dictate that the sources of finance will likely be dedicated funds rather than carbon markets. This timely and comprehensive book will be of great value to any reader interested in climate change. Policy-makers within international agencies and governments, academics and students in the fields of geography, economics, science policy, forestry, development studies as well as carbon market participants and forest developers in the private sector will find it especially useful.


The Economics of Carbon Sequestration in Western Oregon Forests

The Economics of Carbon Sequestration in Western Oregon Forests
Author: Eun Ho Im
Publisher:
Total Pages: 302
Release: 2007
Genre: Carbon sequestration
ISBN:

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This study considered regional forest policies for sequestering carbon in existing forests in western Oregon. A model of log markets in western Oregon was employed to examine the impacts of forest policy changes on future carbon stock, harvests, and management activities. A carbon tax program, as a mitigation option for encouraging forest carbon sequestration, would lead to reduced harvest and increased carbon stock in timber inventory. Changes in the level of silvicultural investments vary by owner, depending on the nature of their initial inventory. In general investment under the tax is concentrated in regimes that establish faster growing plantations. Average rotation age increases, varying in extent across ownerships and site qualities. The carbon tax reduces both consumer and producer surpluses in regional timber markets. Producers are compensated by the carbon subsidies, except at low carbon tax levels. Estimates of the marginal cost of sequestering carbon in western Oregon private forests are shown to be within the range of costs for projects considering afforestation alone in some eastern regions of the United States. If the carbon tax system takes into account carbon in forest products and woody residue, the marginal costs of carbon sequestration rise substantially because of the trade-offs between carbon in the timber inventory and in product and residue pools. Raising timber harvest from western Oregon federal timberlands would cause a reduction in regional carbon flux in forests and forest products. Projections of harvests by ownership given a constraint or target for regional carbon flux show that there are significant opportunities for substituting timber harvest and carbon sequestration between federal and non-federal lands in western Oregon. A relatively small reduction in non-federal harvest would offset a substantial loss of carbon flux in federal timberlands. The same carbon flux levels obtained in the carbon target scenarios could be achieved if a carbon offset market were available for all owners including federal agencies. The marginal welfare cost derived from the shadow price of the carbon target constraint is the market price of carbon that could produce the same flux as the constraint. The analysis indicates that only modest carbon prices would be needed (