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- Title
An Econometric Analysis of the Costs of Sequestering Carbon in Forests.
- Authors
Plantinga, Andrew J.; Mauldin, Thomas
- Abstract
The Kyoto Protocol and the U.S. Climate Change Plan recognize afforestation as a potential means of reducing atmospheric CO[sub 2] concentrations. To examine the cost-effectiveness of afforestation, we use econometric land use models to estimate the marginal costs of carbon sequestration in Maine, South Carolina, and Wisconsin. Our findings include the following: (a) earlier studies of afforestation programs tend to underestimate carbon sequestration costs, (b) afforestation still appears to be a relatively low-cost approach to reducing CO[sub 2] concentrations, (c) Wisconsin offers the lowest-cost opportunities for carbon sequestration, and (d) projected population changes have the largest effect on costs in South Carolina.
- Subjects
UNITED States; AFFORESTATION; CARBON sequestration
- Publication
American Journal of Agricultural Economics, 1999, Vol 81, Issue 4, p812
- ISSN
0002-9092
- Publication type
Article
- DOI
10.2307/1244326