An Optimal Control Model of Forest Carbon Sequestration
Bibliographic Data
| ID | 23329671 |
|---|---|
| Authors | Brent Sohngen (0000-0002-9094-160X, Department of Agricultural, Environmental, and Developmental Economics Ohio State University), Rebecca Mendelsohn (0000-0002-3650-6201, Yale University), Robert Mendelsohn (School of Forestry and Environmental Studies Yale University) |
| Year | 2003 |
| Volume | 85 |
| Issue | 2 |
| Pages | 448-457 |
| Publication date | 2003-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Agricultural Economics (JOURNAL) |
| Journal identifiers | ISSN: 0002-9092 • E-ISSN: 1467-8276 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/1467-8276.00133 |
| OpenAlex | W2036740724 |
| Language | EN |
| Citations received | 60 |
| References cited | 19 |
This study develops an optimal control model of carbon sequestration and energy abatement to explore the potential role of forests in greenhouse gas mitigation. The article shows that if carbon accumulates in the atmosphere, the rental price for carbon sequestration should rise over time. From an empirical model, we find that carbon sequestration is costly, but that landowners can sequester substantial amounts of carbon in forests mainly by increasing forestland and lengthening rotations. Forest sequestration is predicted to account for about one‐third of total carbon abatement. Tropical forests store over two‐thirds of this added carbon.
Atmospheric carbon cycle · Carbon dioxide · Carbon fibers · Carbon sequestration · Climate change mitigation · Economics · Environmental protection · Greenhouse gas · Greenhouse gas removal · Natural resource economics · Climate Change Policy and Economics · Computer Science · Ecology · Economic and Environmental Valuation · Environmental Science · Forest Management and Policy
Carbon sequestration and uneven-aged management of loblolly pine stands in the Southern USA
Global cost estimates of reducing carbon emissions through avoided deforestation
Global cost estimates of forest climate mitigation with albedo
Global climate change impacts on forests and markets
Costs of forest carbon sequestration in the presence of climate change impacts
Assessing the long-term interactions of climate change and timber markets on forest land and carbon storage
Scoping review of carbon pricing systems in forest sector models
Negative emissions—Part 2
Climate change mitigation policies and poverty in developing countries
Geospatial assessment of the economic opportunity for reforestation in Maryland, USA
Payments for adding ecosystem carbon are mostly beneficial to biodiversity
Climate change critically affects the status of the land-system change planetary boundary
The Timing of Biological Carbon Sequestration and Carbon Abatement in the Energy Sector Under Optimal Strategies Against Climate Risks
Urban Metabolic Analysis of a Food-Water-Energy System for Sustainable Resources Management
The Long-Run Impact of Biofuels on Food Prices
Deriving site-specific and time-varying supply curves for forest carbon storage
Does achieving the sustainable development goal of forest carbon sinks need to come at the expense of the stakeholders’ benefits?—Global perspective through systematic literature review
How should a forest carbon rent policy be implemented
The potential of Redd+ for carbon sequestration in tropical forests
Forest sector models for tropical countries - A case study of Colombia
Optimal forest rotation under carbon pricing and forest damage risk
Financial feasibility of increasing carbon sequestration in harvested wood products in Mississippi
Mitigating greenhouse gases
Impact of carbon price on the relative profitability of production forestry and permanent forestry for New Zealand plantations
Forest carbon sequestration supply function for African countries
Adapting sustainable forest management to climate policy uncertainty
A global analysis of the break-even prices to reduce atmospheric carbon dioxide via forest plantation and avoided deforestation
Evaluating land-use and private forest management responses to a potential forest carbon offset sales program in western Oregon (USA)
Quantifying additionality thresholds for forest carbon offsets in Mississippi pine pulpwood markets
Forest carbon incentive programs for non-industrial private forests in Oregon (USA)
Carbon stocks and timber harvest. Alternative policy approaches for the Great Bear rainforest and their consequences
Potential impacts of carbon taxes on carbon flux in western Oregon private forests
Optimal forest rotation age under efficient climate change mitigation
The time value of carbon storage
A trading market for uncertain carbon removal by land use in the EU
Impact on profitability, risk, optimum rotation age and afforestation of changing the New Zealand emissions trading scheme to an averaging approach
Deferred rotation carbon programs for even-aged forests
Identifying economically relevant forest types from global satellite data
On the economics of tropical deforestation
Integrated estimates of global terrestrial carbon sequestration
Afforestation and timber management compliance strategies in climate policy. A computable general equilibrium analysis
On physical and social-cost-based CO2 equivalents for transient albedo-induced forcing
Optimal forest management under climate change variability
Exploring trade-offs in forest carbon storage
Feasibility of woodland expansion for carbon offsetting in Scotland revisited
Economic gain of genetically-selected coastal Douglas-fir
Is forest conservation a socially optimal strategy for increasing forest carbon sequestration
Impact of cost assumptions on forest carbon targets and supply dynamics
Do ecological–economic tradeoffs triggered by budget allocations for forest carbon sequestration change under different market conditions
Forest management for timber and carbon sequestration in the presence of climate change
Additional CO2 emissions from land use change — Forest conservation as a precondition for sustainable production of second generation bioenergy
Global potential for carbon sequestration
Land use and general equilibrium implications of a forest-based carbon sequestration policy in the United States
Afforestation and avoided deforestation in a multi-regional integrated assessment model
Forest carbon payments
Modeling the effects of carbon payments and forest owner cooperatives on carbon storage and revenue in Pacific Northwest forestlands
The costs of reforestation
Climate change mitigation policy in Ecuador
Carbon sequestration, optimum forest rotation and their environmental impact
Carbon allowances and the demand for offsets
| Unique citing works | 60 |
|---|---|
| Citations per year | 3 |
| Citation span | 2006 - 2026 (21) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 59 |