Accounting for risk in valuing forest carbon offsets View Full Text


Ontology type: schema:ScholarlyArticle      Open Access: True


Article Info

DATE

2009-01-16

AUTHORS

Matthew D Hurteau, Bruce A Hungate, George W Koch

ABSTRACT

BACKGROUND: 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. RESULTS: Here we show that incorporating wildfire risk reduces the value of forest carbon depending on the location and condition of the forest. There is a general trend of decreasing risk-scaled forest carbon value moving from the northern toward the southern continental U.S. CONCLUSION: Because disturbance is a major ecological factor influencing long-term carbon storage and is often sensitive to human management, carbon trading mechanisms should account for the reduction in value associated with disturbance risk. More... »

PAGES

1-1

Identifiers

URI

http://scigraph.springernature.com/pub.10.1186/1750-0680-4-1

DOI

http://dx.doi.org/10.1186/1750-0680-4-1

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1019081120

PUBMED

https://www.ncbi.nlm.nih.gov/pubmed/19149889


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