2003
DOI: 10.1111/1467-8489.00208
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Carbon‐accounting methods and reforestation incentives

Abstract: The emission of greenhouse gases, particularly carbon dioxide, and the consequent potential for climate change are the focus of increasing international concern. Temporary land-use change and forestry projects (LUCF) can be implemented to offset permanent emissions of carbon dioxide from the energy sector. Several approaches to accounting for carbon sequestration in LUCF projects have been proposed. In the present paper, the economic implications of adopting four of these approaches are evaluated in a normativ… Show more

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Cited by 105 publications
(68 citation statements)
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“…Carbon sequestration enhancement involves increasing carbon stored in the ecosystem Richard and Stokes 2004;Cacho et al 2003). This is accomplished by some combination of increasing carbon inputs to the soil or reducing carbon decomposition.…”
Section: Agricultural Based Emissionsmentioning
confidence: 99%
“…Carbon sequestration enhancement involves increasing carbon stored in the ecosystem Richard and Stokes 2004;Cacho et al 2003). This is accomplished by some combination of increasing carbon inputs to the soil or reducing carbon decomposition.…”
Section: Agricultural Based Emissionsmentioning
confidence: 99%
“…However, there is a lack of symmetry between the credits and debits, which we show is important in avoiding social costs. Moreover, the ton year concept accumulates credits very slowly, rendering it unattractive financially (Cacho et al 2003). …”
Section: Criticisms Of Voluntary Offsetsmentioning
confidence: 99%
“…In practice a "pay as you go" system is accomplished in the Chicago Climate Exchange where actual CO 2 e removals are traded on a spot market. In a system of contemporary crediting and debiting the role for insurance would be in hedging against the cost of debits required if the project was destroyed by fire (Cacho et al 2003). An alternative to insurance on a case by case basis is the issue of guarantees of permanency by governments or by schemes that have large portfolios and can spread the costs of untoward debits.…”
Section: Market Implications Of Adopting Incremental Crediting and Dementioning
confidence: 99%
“…Las preocupaciones ambientales por el cambio climático, asociadas con el aumento de las concentraciones de gases de efecto invernadero en la atmósfera, han llevado a la adición de valores de captura de carbono de los ecosistemas forestales para el proceso de planificación forestal de uso múltiple (Asante & Armstrong, 2012). Los ecosistemas forestales absorben enormes cantidades de CO 2 de la atmósfera mediante la fotosíntesis y contribuyen a la reducción de emisiones de gases de efecto invernadero (Cacho, Hean, & Wise, 2003). En este contexto, las plantaciones forestales de rápido crecimiento han tenido gran importancia a nivel mundial.…”
Section: Introductionunclassified