The cost of U.S. forest-based carbon sequestration

0,41

MB

52

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4731

ID

Pew Center on Global Climate Change

2005

rok

Contents

Foreword ii

Executive Summary iii

I. Introduction 1

II. Costs of Addressing the Threat of Global Climate Change 5

III. Factors Affecting the Estimated Costs of Carbon Sequestration 9

A. Biology: Species, Forestry Practices, and Carbon Yield Functions 9

B. Opportunity Cost of Land 12

C. Forest Management: Initial Treatment and Maintenance Costs 15

D. Disposition of Biomass: Burning, Harvesting, and Forest Product Sinks 15

E. Relevant Prices 17

F. Policy Instruments Used to Achieve Carbon Sequestration 22

IV. Empirical Analysis of the Costs of Carbon Sequestration 24

A. Major Studies of U.S. Forest-Based Carbon Sequestration Costs 25

B. Synthesis of Cost Estimates 26

V. Conclusions 31

References 34

Endnotes 38