2004
DOI: 10.1016/j.envsci.2004.05.006
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How costly are carbon offsets? A meta-analysis of carbon forest sinks

Abstract: Carbon terrestrial sinks are seen as a low-cost alternative to fuel switching and reduced fossil fuel use for lowering atmospheric CO 2. As a result of agreements reached at Bonn and Marrakech, carbon offsets have taken on much greater importance in meeting Kyoto targets for the first commitment period. In this study, meta-regression analysis is used to examine 981 estimates from 55 studies of the costs of creating carbon offsets using forestry.

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Cited by 163 publications
(91 citation statements)
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References 56 publications
(42 reference statements)
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“…We calculated average annual set-up, implementation, and monitoring costs and their sum as transaction costs in US$ per hectare over the 20-year period. When calculating the net present value (NPV) of transaction costs, we used the discount rates of 3.8% (Central Bank of Peru's annualized interest rate for December 2010), 5%, and 10% to maintain comparability with similar studies (Pinedo-Vasquez et al 1992, Ferraro 2002, van Kooten et al 2004, Nepstad et al 2007, Potvin et al 2008, Viana et al 2009) and following recommendations in the literature for South American countries (Howard et al 1996, Rondon et al 2010. To facilitate comparisons between projects, we calculated costs on a per hectare basis.…”
Section: Methodsmentioning
confidence: 99%
“…We calculated average annual set-up, implementation, and monitoring costs and their sum as transaction costs in US$ per hectare over the 20-year period. When calculating the net present value (NPV) of transaction costs, we used the discount rates of 3.8% (Central Bank of Peru's annualized interest rate for December 2010), 5%, and 10% to maintain comparability with similar studies (Pinedo-Vasquez et al 1992, Ferraro 2002, van Kooten et al 2004, Nepstad et al 2007, Potvin et al 2008, Viana et al 2009) and following recommendations in the literature for South American countries (Howard et al 1996, Rondon et al 2010. To facilitate comparisons between projects, we calculated costs on a per hectare basis.…”
Section: Methodsmentioning
confidence: 99%
“…Carbon stock is the ecosystem service quantity stored in trees in tons of carbon per tree or per hectare of land which can be valued in monetary terms (Rashid, 2012). The price (value) of carbon per ton of carbon ranges from 10 to 150 US dollars (Richards and Stokes, 2004;Cornelis Van Kooten et al, 2004). The average market carbon price is USD 7.50 per ton of CO2 emission (Scharlemann et al, 2010).…”
Section: Valuation Of Carbon Stock As National Level Ecosystem Servicesmentioning
confidence: 99%
“…By examining and measuring the level of carbon sequestrated in a biomass as well as in the soils of forests with different stands and types, it is possible for us to assess whether the cost of scientific management or control over these resources and increased contraction of heaps of soil can be reverted through CO 2 uptake in plant organs or not. The investigations show that the ever green wide-leaved forests have much further potentials to emit Co 2 and directing needleleaved forests into those of wide leafs can increase the rate of carbon absorption [7] . Similarly, the amount of carbon storage in plants' biomass in controlled forests is 335 tons ha −1 , in traditionally controlled forests it is 145 tons and in pastures this would be 46 tons ha −1 .…”
Section: Introductionmentioning
confidence: 99%
“…For example, in the U.S.A, the estimated cost for each ton of carbon would be 100-300 US dollars [2] . Most of the carbon absorbing cost is spent on preserving and protecting the forests which is about 46.6-260.3 US dollars per ton [7] . By examining and measuring the level of carbon sequestrated in a biomass as well as in the soils of forests with different stands and types, it is possible for us to assess whether the cost of scientific management or control over these resources and increased contraction of heaps of soil can be reverted through CO 2 uptake in plant organs or not.…”
Section: Introductionmentioning
confidence: 99%