Accounting for risk in valuing forest carbon offsets
Open Access
- 16 January 2009
- journal article
- Published by Springer Nature in Carbon Balance and Management
- Vol. 4 (1) , 1
- https://doi.org/10.1186/1750-0680-4-1
Abstract
Forests can sequester carbon dioxide, thereby reducing atmospheric concentrations and slowing global warming. In the U.S., forest carbon stocks have increased as a result of regrowth following land abandonment and in-growth due to fire suppression, and they currently sequester approximately 10% of annual US emissions. This ecosystem service is recognized in greenhouse gas protocols and cap-and-trade mechanisms, yet forest carbon is valued equally regardless of forest type, an approach that fails to account for risk of carbon loss from disturbance.Keywords
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