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Least-Cost Forest Carbon Reserves: Cost-Effective Subsidies to Convert Marginal Agricultural Land to Forests

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  • Peter J. Parks
  • Ian W. Hardie
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    Abstract

    Supply schedules for forests planted on marginal agricultural lands are used to simulate a national carbon sequestration program. A cost-effective program should focus on establishing softwood forests on pastureland, and select lands by minimizing cost per ton sequestered. A program similar to the Conservation Reserve Program would sequester 48.6 million tons of carbon per year (3.5 percent of U.S. emissions) on 22.2 million acres. Costs would include $3,700 million in land rental costs and forest establishment costs. Minimizing cost per acre would increase enrollment to 23.1 million acres and would sequester 45.0 million tons per year.

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    Bibliographic Info

    Article provided by University of Wisconsin Press in its journal Land Economics.

    Volume (Year): 71 (1995)
    Issue (Month): 1 ()
    Pages: 122-136

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    Handle: RePEc:uwp:landec:v:71:y:1995:i:1:p:122-136

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    Web page: http://le.uwpress.org/

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