An assessment of forest landowner interest in selling forest carbon credits in the Lake States, USA

Miller, Kristell A.; Snyder, Stephanie A.; Kilgore, Michael A.

doi:10.1016/j.forpol.2012.09.009

Cited by 69 publications

(74 citation statements)

References 33 publications

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“…The finding that higher income landowners exhibit a greater level of interest in managing forests for some ES agrees with the findings of Knoot et al [14], who reported that income was positively associated with landowner interest in protecting some ES, such as bird habitat and water protection. Landowner education was not significantly related to a willingness to supply any of the ES considered in our analysis, which is in line with the results reported by Miller et al [57], but Thompson et al [17] reported that education positively affects interest in carbon sequestration. Such information about basic demography of NIPF landowners who are interested in sustaining the ES provision would be helpful for effective communication and outreach to those segments assistance.…”

Section: Discussionsupporting

confidence: 92%

Understanding the Factors Influencing Nonindustrial Private Forest Landowner Interest in Supplying Ecosystem Services in Cumberland Plateau, Tennessee

Tian

Poudyal

Hodges

et al. 2015

Forests

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Abstract:Private forests provide a range of ecosystem services for society including provisioning, regulating, cultural, and supporting services. Sustaining the supply of such services depends on the interest of nonindustrial private forest (NIPF) landowners in managing their forests for such services. Assessing factors that influence NIPF landowner intentions would be useful in identifying potential suppliers of ecosystem services and in designing and implementing outreach and education programs to elevate the interests of less interested landowners. Using data collected from a mail survey of NIPF landowners on the Cumberland Plateau of Tennessee, this study examined how landowner interest in supplying ecosystem services was influenced by socio-demographic characteristics, economic and market factors, land management objectives, and ownership motivations. To that end, a multivariate logistic regression model was employed to analyze the supply of three types of ecosystem services: carbon storage (regulating service), water quality (provisioning service), and aesthetics (cultural service). Results revealed that landowner interest in managing forests for ecosystem services were significantly related to socio-demographic factors, management and ownership characteristics, and availability of financial incentives. These findings will improve the understanding of the market segment of landowners as related to ecosystem OPEN ACCESSForests 2015, 6 3986 services. The findings may facilitate the development of market protocols and outreach programs that promote payments for ecosystem services in Tennessee and elsewhere.

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Section: Discussionsupporting

confidence: 92%

Understanding the Factors Influencing Nonindustrial Private Forest Landowner Interest in Supplying Ecosystem Services in Cumberland Plateau, Tennessee

Tian

Poudyal

Hodges

et al. 2015

Forests

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“…Even when presented with a very large annual payment of $50 per acre, only 45.8% of respondents indicated an intent to enroll; this proportion declined as annual payments were reduced and contract lengths were extended. This result is consistent with previous research (Fletcher et al 2009, Markowski-Lindsay et al 2011, Miller et al 2012 and perhaps expected given that most private forest owners in the United States are passive managers. We had expected a higher level of interest in payments for carbon sequestration programs given that a recent regionwide study found nonindustrial private forest owners to be generally receptive to payments for carbon sequestration programs (Khanal et al 2016).…”

Section: Discussion Policy Implicationssupporting

confidence: 92%

“…Respondents had strong preferences for programs yielding higher returns, which is logical and consistent with all previous empirical research (Fletcher et al 2009, Markowski-Lindsay et al 2011, Dickinson et al 2012, Miller et al 2012, Rabotyagov and Lin 2013, Miller et al 2014, Kelly et al 2015, Knoot et al 2015. The majority of previous research has also found nonindustrial private forest owners tend to be hesitant to make long-term decisions committing them to managing their forestlands in any one particular way (Markowski-Lindsay et al 2011, Dickinson et al 2012, Miller et al 2012, Newell et al 2013). This unfortunately does not bode well for the prospect of establishing a regional payments for carbon sequestration market within the study area.…”

Section: Discussion Policy Implicationssupporting

confidence: 82%

Payments for Carbon Sequestration to Alleviate Development Pressure in a Rapidly Urbanizing Region

Smith¹,

Dorning²,

Shoemaker³

et al. 2017

Forest Science

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The purpose of this study was to determine individuals' willingness to enroll in voluntary payments for carbon sequestration programs through the use of a discrete choice experiment delivered to forest owners living in the rapidly urbanizing region surrounding Charlotte, North Carolina. We examined forest owners' willingness to enroll in payments for carbon sequestration policies under different levels of financial incentives (annual revenue), different contract lengths, and different program administrators (e.g., private companies versus a state or federal agency). We also examined the influence forest owners' sense of place had on their willingness to enroll in hypothetical programs. Our results showed a high level of ambivalence toward participating in payments for carbon sequestration programs. However, both financial incentives and contract lengths significantly influenced forest owners' intent to enroll. Neither program administration nor forest owners' sense of place influenced intent to enroll. Although our analyses indicated that payments from carbon sequestration programs are not currently competitive with the monetary returns expected from timber harvest or property sales, certain forest owners might see payments for carbon sequestration programs as a viable option for offsetting increasing tax costs as development encroaches and property values rise.

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“…Respondents had 521 strong preferences for programs yielding higher returns, which is logical and consistent with all 522 previous empirical research (Fletcher, Kittredge, and Stevens 2009;Dickinson et al 2012;523 Markowski-Lindsay et al 2011;Rabotyagov and Lin 2013;Knoot, Rickenbach, and Silbernagel 524 2015;Kelly, Germain, and Stehman 2015;Miller, Snyder, and Kilgore 2012;Miller et al 2014). 525…”

Section: Policy Implications 457 Payments For C Sequestration To Allesupporting

confidence: 75%

“…The majority of previous research has also found non-industrial private forest owners tend to be 526 hesitant to make long-term decisions committing them to managing their forestlands in any one 527 particular way (Dickinson et al 2012;Markowski-Lindsay et al 2011;Newell, Pizer, and Raimi 528 2013;Miller, Snyder, and Kilgore 2012;Miller et al 2014). This unfortunately does not bode 529 well for the prospect of establishing a regional payments for carbon sequestration market within 530 the study area.…”

Section: Payments For C Sequestration To Alleviate Development Pressumentioning

confidence: 99%

Payments for Carbon Sequestration to Alleviate Development Pressure in a Rapidly Urbanizing Region

et al. 2017

View full text Add to dashboard Cite

The purpose of this study was to determine individuals' willingness to enroll in voluntary payments for carbon sequestration programs through the use of a discrete choice experiment delivered to forest owners living in the rapidly urbanizing region surrounding Charlotte, North Carolina. We examined forest owners' willingness to enroll in payments for carbon sequestration policies under different levels of financial incentives (annual revenue), different contract lengths and different program administrators (e.g., private companies versus a state or federal agency). We also examined the influence forest owners' sense of place had on their willingness to enroll in hypothetical programs. Our results showed a high level of ambivalence towards participating in payments for carbon sequestration programs. However, both financial incentives and contract lengths significantly influenced forest owners' intent to enroll. Neither program administration nor forest owners' sense of place influenced intent to enroll. While our analyses indicated payments from carbon sequestration programs are not currently competitive with the monetary returns expected from timber harvest or property sales, certain forest owners might see payments for carbon sequestration programs as a viable option for offsetting increasing tax costs as development encroaches and property values rise.

show abstract

An assessment of forest landowner interest in selling forest carbon credits in the Lake States, USA

Cited by 69 publications

References 33 publications

Understanding the Factors Influencing Nonindustrial Private Forest Landowner Interest in Supplying Ecosystem Services in Cumberland Plateau, Tennessee

Understanding the Factors Influencing Nonindustrial Private Forest Landowner Interest in Supplying Ecosystem Services in Cumberland Plateau, Tennessee

Payments for Carbon Sequestration to Alleviate Development Pressure in a Rapidly Urbanizing Region

Payments for Carbon Sequestration to Alleviate Development Pressure in a Rapidly Urbanizing Region

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