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Payment for CO2 sequestration affects the Faustmann rotation period in Norway more than albedo payment does

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  • Rørstad, Per Kristian

Abstract

Albedo and CO2 sequestration are the two most important climate forcing factors in forestry. After harvest the albedo in boreal forests increases which has a cooling effect. Likewise, CO2 captured in the photosynthesis reduce atmospheric CO2 and thereby have a cooling effect. These effects have value to society, and they may affect optimal management.

Suggested Citation

  • Rørstad, Per Kristian, 2022. "Payment for CO2 sequestration affects the Faustmann rotation period in Norway more than albedo payment does," Ecological Economics, Elsevier, vol. 199(C).
    • Handle: RePEc:eee:ecolec:v:199:y:2022:i:c:s0921800922001549
    DOI: 10.1016/j.ecolecon.2022.107492
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