Evaluating non-industrial private forest landowner willingness to manage for forest carbon sequestration in the southern United States

Khanal, Puskar N.; Grebner, Donald L.; Munn, Ian A.; Grado, Stephen C.; Grala, Robert K.; Henderson, James E.

doi:10.1016/j.forpol.2016.07.004

Cited by 45 publications

(28 citation statements)

References 28 publications

(35 reference statements)

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“…Internal influencing factors referred to individual characteristics of the participants, such as the age of family members, their education degree, their knowledge and experience about carbon sequestration and mitigation, the number of labor force, and the financial income of the family [14,18,19]. For example, higher participation willingness was found in families with generally younger members than those with aging members, and in families with high financial income than those with poor financial income [20][21][22].…”

Section: Literature Reviewmentioning

confidence: 99%

How Willing Are Herders to Participate in Carbon Sequestration and Mitigation? An Inner Mongolian Grassland Case

et al. 2018

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Abstract:Reasonable carbon sequestration and mitigation measures play an important role in reducing greenhouse gas emission and realizing regional sustainable development. How willing herders are to participate in carbon sequestration and mitigation directly determines the corresponding implementation effect. Relevant studies mostly focus on forest households and peasant households, but great uncertainty remains regarding herdsman households. Based on a survey of 404 herdsman households in Inner Mongolian grasslands, this study assessed the cognitive level and participation willingness of herders on carbon sequestration and mitigation of grasslands, and investigated the factors influencing their willingness to participate in the activity. We found that the cognitive level of herders on carbon sequestration and mitigation in Inner Mongolian grasslands was relatively low, with 83% of herdsman households having low cognition and 17% in the state of medium cognition. However, herders are mostly willing to take grassland carbon sequestration and mitigation measures, with 60% of herdsman households being willing to participate, 28% moderately willing to do so, and 12% of unwillingness. This pattern was mainly influenced by the impact of carbon sequestration and mitigation on household income, the economic subsidies and the call for ecological environment protection from the government. The herders tend to be willing to participate when they think that the government calls for ecological environment protection are essential. In contrast, they tend to be unwilling to participate if they think the subsidies too low and the negative effect of sequestration measure on income is essential. We found that the family financial income of herders is a key factor limiting the improvement of participation willingness in this area. It is necessary to improve the cognition of herders for the development of carbon sequestration and mitigation projects.

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Section: Literature Reviewmentioning

confidence: 99%

How Willing Are Herders to Participate in Carbon Sequestration and Mitigation? An Inner Mongolian Grassland Case

et al. 2018

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“…In the United States, an increasing number of studies have evaluated the potential of carbon markets for forestland owners in different parts of the country (Markowski-Lindsay et al 2011;Khanal et al 2017;Miller et al 2012;Kelly et al 2017). Kelly et al (2017) investigate willingness of non-industrial private forestland owners in northern California to enter California's carbon market.…”

Section: Introductionmentioning

confidence: 99%

“…They conclude that landowners' willingness to participate in California's carbon market is hindered by lack of information on the nature of the carbon market in addition to project development cost. Khanal et al (2017) also examine willingness of non-industrial private forestland owners in selected states 1 in the southern United States to manage their forestlands for carbon sequestration by delaying harvesting of timber for a maximum of 5 years, beyond scheduled harvesting periods. They find that while many landowners are willing to delay harvesting of timber for carbon sequestration provided it is profitable, others required little or no incentive payments to participate in forest carbon sequestration.…”

Section: Introductionmentioning

confidence: 99%

“…The California's carbon market is currently the only compliance carbon market that accepts carbon credits from all parts of the United States and therefore suitable for our study. Others used family forest owners (e.g., Khanal et al 2017;Kelly et al 2017) but did not specify the minimum acres of forestland that qualified landowners to participate in their studies. Due to high costs of forest offset project development and relatively low current carbon offset prices (Hamrick and Galant 2017), participation in carbon market may not be financially viable for forestland owners including family forestland owners holding less than 100 acres of forestlands (Charnley et al 2010).…”

Section: Introductionmentioning

confidence: 99%

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South Carolina forestland owners’ willingness to accept compensations for carbon sequestration

2019

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Background: Carbon sequestration through recommended forest management practices is an ecosystem service that helps mitigate climate change and its impacts while generating carbon credits for forestland owners to sell in cap-and-trade programs. The California's cap-and-trade program (California's carbon market hereafter) allows forestland owners from any part of the contiguous United States to supply carbon credits to compliance entities. In this study, we estimate South Carolina (SC) private forestland owners' willingness to accept compensations to participate in the California's carbon market using a contingent valuation method. Results: We estimate forestland owners' mean willingness to accept as $67 per acre per year. Our results reveal higher probability of participation of forestland owners with interests in preserving forest ecosystems than those who do not. Additionally, forestland owners who trust in information about climate change from scientists or government are willing to participate more than those who do not. Conclusions: Various factors hinder landowners' ability to participate in carbon markets. Forestland owners in SC consider legislative uncertainty and long-time commitment as the main barriers to participation in California's carbon market. From this research, average forestland tenure in SC is 27 years, which is far less than the 100-year time commitment of the California's carbon market. Of those who agreed to participate, choosing between adopting and not adopting any of the three main forest management practices in the California's carbon market: 28% are likely to adopt improved forest management (IFM) practices, 24% are likely to adopt reforestation due to understocked forestlands, and 14% are likely to adopt avoided conversion. In another development, the concept of aggregation has dominated discussions in the California's carbon market of late. It is an advocacy to include smallscale forestlands in the California's carbon market. To aggregate, different forestland owners will combine their forestlands to participate. We find that 79% of SC forestland owners are willing to aggregate to participate. However, this research is unable to determine how much total forestland is available in SC for carbon market. We recommend future research in the State on forestland owners' participation in carbon market should consider evaluating forestland availability.

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“…A wealth of research exists on investigating forestland owners' willingness to generate carbon credits from their forestlands in order to sell in carbon markets (e.g., [3][4][5][6]). Some of these studies find that willingness of private forestland owners to participate in carbon markets is low (e.g., [3,6]) alluding to some of the reasons mentioned here.…”

Section: Introductionmentioning

confidence: 99%

Evaluating Myopic Loss Aversion of Forestland Owners

Alhassan

Motallebi

2019

Forests

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Attracting forestland owners to participate in carbon markets can be challenging for several reasons including offset price volatility, legislative uncertainties, high costs of offset project development, long contract lengths, and landowners’ risk preferences. In this article, we elicit risk preferences and investigate Myopic Loss Aversion (MLA) of forestland owners using an economic experiment. The economic experiment is a betting game and we find that forestland owners exhibit MLA because they bet higher when returns from their investments are evaluated less frequently. Our results provide valuable information for developing carbon market protocols, especially in setting optimal evaluation periods of forest carbon offset projects.

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Evaluating non-industrial private forest landowner willingness to manage for forest carbon sequestration in the southern United States

Cited by 45 publications

References 28 publications

How Willing Are Herders to Participate in Carbon Sequestration and Mitigation? An Inner Mongolian Grassland Case

How Willing Are Herders to Participate in Carbon Sequestration and Mitigation? An Inner Mongolian Grassland Case

South Carolina forestland owners’ willingness to accept compensations for carbon sequestration

Evaluating Myopic Loss Aversion of Forestland Owners

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