New cost estimates for carbon sequestration through afforestation in the United States

Abstract

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Influence of Forestry Practices Cost on Financial Performance of Forestry Investments

“…Other forestry practices analyses used limited data at the national level to determine temporal and regional cost trends, noting the real costs of some major forestry practices had remained relatively constant in real terms between 1982 and 2002, with a few costs rising slightly [6]. Also, timber management cost data has been utilized in timber production modeling and, in estimating carbon sequestration prospects [46][47][48][49], with various modeling techniques [50].…”

The hidden value of trees: quantifying the ecosystem services of tree lineages and their major threats across the contiguous US

“…We calculated the annualized monetary value for roundwood production for a species in a county by multiplying the annual roundwood production in cubic feet by the annualized net present value of a cubic foot of harvested roundwood. The annualized net present value of a cubic foot of harvested roundwood is calculated using biomass growth functions parameterized with FIA data (73-75), observed 1998-2014 mean stumpage prices (in 2010 USD; SI Table S4), and stand establishment costs (in 2010 USD (76). The expected annualized net value of wood roundwood production across all species and counties is shown in Fig.…”

Implications of alternative land conversion cost specifications on projected afforestation potential in the United States

“…Afforestation, or extensive margin expansion of forestland, has long been recognized as a key potential mitigation strategy in regions, such as the United States, where land is relatively fungible between forests and alternative uses, and productivity of planted forest systems is high. Several studies have evaluated the mitigation potential of afforestation in the United States and elsewhere, applying a wide range of economic frameworks (Lubowski, Plantinga, & Stavins, 2006;Nielsen, Plantinga, & Alig, 2014;Tian, Sohngen, Baker, Ohrel, & Fawcett, 2018). These studies typically represent economic and natural resource systems by adopting key biophysical functions and/or data inputs to characterize the economic returns to forestry and/ or agriculture activities.…”