2000
DOI: 10.2139/ssrn.253814
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Climate Change and Forest Sinks: Factors Affecting the Costs of Carbon Sequestration

Abstract: The possibility of encouraging the growth of forests as a means of sequestering carbon dioxide has received considerable attention, partly because of evidence that this can be a relatively inexpensive means of combating climate change. But how sensitive are such estimates to specific conditions? We examine the sensitivity of carbon sequestration costs to changes in critical factors, including the nature of management and deforestation regimes, silvicultural species, relative prices, and discount rates. ᮊ

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Cited by 9 publications
(8 citation statements)
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“…The power of forest carbon monetization policies (such as REDD+) to mitigate climate change-through increased forest conservation and restoration-ultimately relies on our ability to precisely estimate carbon flux. Reduced uncertainty should lead to lower carbon market volatility and higher economic benefits for countries and landowners (Newell andStavins 2000, Köhl et al 2009).…”
Section: Resultsmentioning
confidence: 99%
“…The power of forest carbon monetization policies (such as REDD+) to mitigate climate change-through increased forest conservation and restoration-ultimately relies on our ability to precisely estimate carbon flux. Reduced uncertainty should lead to lower carbon market volatility and higher economic benefits for countries and landowners (Newell andStavins 2000, Köhl et al 2009).…”
Section: Resultsmentioning
confidence: 99%
“…The economic returns of carbon plantings are highly variable and depend primarily on carbon yield and price and opportunity costs (Newell & Stavins 2000;Richards & Stokes 2004;Torres et al 2010). In this context, opportunity cost is usually expressed as the profit from agricultural production.…”
mentioning
confidence: 99%
“…On the other hand, carbon sequestration by forests is considered more economically efficient than other technological options for climate change mitigation in both developed and developing countries (de Jong et al, 2000;Richards and Stokes, 2004;Sedjo, 1989). Yet the cost of carbon sequestration options depends on a variety of factors, including the type of management activities implemented, project contracting and land opportunity costs, and other institutional or organizational aspects (Newell and Stavins, 2000). Consequently, some forestry management options may become more costly than other technological options in emerging carbon markets (Smith and Sherr, 2003).…”
Section: Equity and Legitimacy In Markets For Ecosystem Services The mentioning
confidence: 99%