An Econometric Analysis of the Costs of Sequestering Carbon in Forests

• DOI: 10.2307/1244326
• Publication Date: 2006-07-05T21:09:46Z
• Authors: Andrew J. Plantinga; Thomas Mauldin; Douglas J. Miller
• Keywords: Afforestation; Econometric model; South carolina; Carbon fibers

Abstract The Kyoto Protocol and the U.S. Climate Change Plan recognize afforestation as a potential means of reducing atmospheric CO 2 concentrations. To examine cost‐effectiveness afforestation, we use econometric land models to estimate marginal costs carbon sequestration in Maine, South Carolina, Wisconsin. Our findings include following: ( ) earlier studies programs tend underestimate costs, b still appears be relatively low‐cost approach concentrations, c Wisconsin offers lowest‐cost opportunties for sequestration, d projected population changes have largest effect on Carolina.