Financial Implications of Enrolling Mississippi Forest Landowners in Carbon Offset Programs
This study examined the financial viability of managing loblolly pine (
Pinus taeda L.) stands for increased carbon sequestration by Mississippi nonindustrial private forest landowners under three Chicago Climate
Exchange (CCX) forestry carbon offset programs: afforestation, managed forests, and long-lived wood products. At carbon prices of $4.25 per metric ton of carbon dioxide equivalent (t CO2e) and $10/t CO2e, a forest management regime that provided the largest
net present value (NPV) from timber production also provided the largest NPV when the stand was jointly managed for timber and increased carbon sequestration, regardless of the number of contracts. At a carbon price of $4.25/t CO2e, joint management for timber and increased
carbon sequestration generated an additional NPV of up to $937/ha compared with the best management regime for timber only. Carbon prices of $10/t CO2e and $20/t CO2e increased NPV by $2,406/ha and $5,335/ha, respectively.
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Document Type: Research Article
Publication date: 2012-02-01
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- Each regional journal of applied forestry focuses on research, practice, and techniques targeted to foresters and allied professionals in specific regions of the United States and Canada. The Southern Journal of Applied Forestry covers an area from Virginia and Kentucky south to as far west as Oklahoma and east Texas.
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