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Co-Benefits from Carbon Sequestration in Forests: Evaluating Reductions in Agricultural Externalities from an Afforestation Policy in Wisconsin

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  • Andrew J. Plantinga
  • JunJie Wu

Abstract

Besides climate change mitigation, policies encouraging the conversion of agricultural land to forest may generate additional environmental benefits. We estimate the reductions in agricultural externalities (soil erosion, nitrogen, and atrazine pollution) from an afforestation program in Wisconsin. Existing benefits estimates are used to quantify the value of reduced soil erosion and some benefits from enhanced wildlife habitat. These values are the same order of magnitude as the costs of the carbon sequestration policy, indicating that the co-benefits of forest carbon sinks are an important factor for countries to consider in designing a portfolio of climate mitigation strategies.

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Bibliographic Info

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

Volume (Year): 79 (2003)
Issue (Month): 1 ()
Pages: 74-85

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Handle: RePEc:uwp:landec:v:79:y:2003:i:1:p:74-85

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

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Cited by:
  1. Don Driscoll & Adam Felton & Philip Gibbons & Annika Felton & Nicola Munro & David Lindenmayer, 2012. "Priorities in policy and management when existing biodiversity stressors interact with climate-change," Climatic Change, Springer, vol. 111(3), pages 533-557, April.
  2. Kragt, Marit Ellen & Pannell, David J. & Robertson, Michael J., 2011. "Easy winnings? The economics of carbon sequestration in agricultural soils," 2011 Conference (55th), February 8-11, 2011, Melbourne, Australia 100575, Australian Agricultural and Resource Economics Society.
  3. Pagiola, Stefano & Bosquet, Benoit, 2009. "Estimating the costs of REDD at the country level," MPRA Paper 13726, University Library of Munich, Germany.
  4. Ovchinnikova, Natalia & Lynne, Gary D. & Sautter, John & Kruse, Colby, 2006. "What motivates farmers to sequester carbon: an empirical investigation," 2006 Annual meeting, July 23-26, Long Beach, CA 21288, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  5. Feng, Hongli & Kurkalova, Lyubov A. & Kling, Catherine L. & Gassman, Philip W., 2005. "Transfers and Environmental Co-Benefits of Carbon Sequestration in Agricultural Soils: Retiring Agricultural Land in the Upper Mississippi River Basin," Staff General Research Papers 12439, Iowa State University, Department of Economics.
  6. Feng, Hongli & Kling, Catherine L. & Kurkalova, Lyubov A. & Secchi, Silvia, 2007. "Cac Versus Incentive-Based Instruments in Agriculture: The Case of the Conservation Reserve Program," Staff General Research Papers 10796, Iowa State University, Department of Economics.
  7. Feng, Hongli & Kling, Catherine L., 2005. "Carbon Sequestration in Agriculture: an Offset Program versus Other Conservation Programs," 2005 Annual meeting, July 24-27, Providence, RI 19177, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  8. Kurkalova, Lyubov A. & Kling, Catherine L. & Zhao, Jinhua, 2003. "Multiple Benefits of Carbon-Friendly Agricultural Practices: Empirical Assessment of Conservation Tillage in Iowa," Staff General Research Papers 10194, Iowa State University, Department of Economics.
  9. Feng, Hongli & Kling, Catherine L. & Gassman, Philip W., 2004. "Carbon Sequestration, Co-Benefits, and Conservation Programs," Staff General Research Papers 12220, Iowa State University, Department of Economics.
  10. Stephen P. Holland, 2011. "Spillovers from Climate Policy to Other Pollutants," NBER Chapters, in: The Design and Implementation of U.S. Climate Policy, pages 79-90 National Bureau of Economic Research, Inc.
  11. Zhao, Jinhua & Kling, Catherine L. & Kurkalova, Lyubov A., 2003. "Alternative Green Payment Policies Under Heterogeneity When Multiple Benefits Matter," Staff General Research Papers 10682, Iowa State University, Department of Economics.
  12. Elberg Nielsen, Anne Sofie & Plantinga, Andrew J. & Alig, Ralph J., 2014. "Mitigating climate change through afforestation: New cost estimates for the United States," Resource and Energy Economics, Elsevier, vol. 36(1), pages 83-98.
  13. Stephen P. Holland, 2010. "Spillovers from Climate Policy," NBER Working Papers 16158, National Bureau of Economic Research, Inc.
  14. Rodríguez-Entrena, Macario & Espinosa-Goded, María & Barreiro-Hurlé, Jesús, 2014. "The role of ancillary benefits on the value of agricultural soils carbon sequestration programmes: Evidence from a latent class approach to Andalusian olive groves," Ecological Economics, Elsevier, vol. 99(C), pages 63-73.
  15. Kovacs, Kent F. & Haight, Robert G. & Jung, Suhyun & Locke, Dexter H. & O'Neil-Dunne, Jarlath, 2013. "The marginal cost of carbon abatement from planting street trees in New York City," Ecological Economics, Elsevier, vol. 95(C), pages 1-10.
  16. Elbakidze, Levan & McCarl, Bruce A., 2007. "Sequestration offsets versus direct emission reductions: Consideration of environmental co-effects," Ecological Economics, Elsevier, vol. 60(3), pages 564-571, January.
  17. McCarney, Geoffrey R. & Armstrong, Glen W. & Adamowicz, Wiktor L., 2006. "Implications Of A Market For Carbon On Timber And Non-Timber Values In An Uncertain World," Annual Meeting, May 25-28, 2006, Montreal, Quebec 34175, Canadian Agricultural Economics Society.
  18. Pattanayak, Subhrendu K. & Abt, Robert C. & Sommer, Allan J. & Cubbage, Fred & Murray, Brian C. & Yang, Jui-Chen & Wear, David & Ahn, SoEun, 2004. "Forest forecasts: does individual heterogeneity matter for market and landscape outcomes?," Forest Policy and Economics, Elsevier, vol. 6(3-4), pages 243-260, June.

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