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An assessment of forest landowner interest in selling forest carbon credits in the Lake States, USA

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  • Miller, Kristell A.
  • Snyder, Stephanie A.
  • Kilgore, Michael A.

Abstract

The nation's family forest lands can be an important contributor to carbon sequestration efforts. Yet very little is known about how family forest landowners view programs that enable them to sell carbon credits generated from the growth of their forest and the compensation that would be required to encourage a meaningful level of participation. To address this information gap, we conducted a study to identify and quantify family forest landowner interest in participating in a voluntary carbon market trading program in the Lake States, USA. A mail survey was administered to 2,200 randomly selected family forest owners in Michigan, Wisconsin, and Minnesota. The questionnaire assessed landowner interest in participating in a hypothetical carbon credit trading program and sought information on landowner objectives and practices, perspectives on carbon credit programs and forest land characteristics. A total of 850 usable responses were received. A logistic regression model was developed to examine the factors affecting participation in a forest carbon offset project by family forest owners and estimate landowner participation probability. Results show that carbon program characteristics alongside landowner and parcel characteristics are associated with the decision to participate in a carbon credit program. Specifically, carbon credit payment amount, contract length, gender, value placed on other non-market forest amenities, need for additional income, attitude towards climate change, absentee status, land tenure and total acres owned were found to be significant determinants. Our findings indicate that carbon sequestration management may align with the ownership goals of many family forest owners in the Lake States.

Suggested Citation

  • Miller, Kristell A. & Snyder, Stephanie A. & Kilgore, Michael A., 2012. "An assessment of forest landowner interest in selling forest carbon credits in the Lake States, USA," Forest Policy and Economics, Elsevier, vol. 25(C), pages 113-122.
    • Handle: RePEc:eee:forpol:v:25:y:2012:i:c:p:113-122
    DOI: 10.1016/j.forpol.2012.09.009
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    Cited by:

    1. Adhikari, Ram K. & Grala, Robert K. & Grado, Stephen C. & Grebner, Donald L. & Petrolia, Daniel R., 2021. "Landowner concerns related to availability of ecosystem services and environmental issues in the southern United States," Ecosystem Services, Elsevier, vol. 49(C).
    2. Håbesland, Daniel E. & Kilgore, Michael A. & Becker, Dennis R. & Snyder, Stephanie A. & Solberg, Birger & Sjølie, Hanne K. & Lindstad, Berit H., 2016. "Norwegian family forest owners' willingness to participate in carbon offset programs," Forest Policy and Economics, Elsevier, vol. 70(C), pages 30-38.
    3. Rabotyagov, Sergey S. & Lin, Sonja, 2013. "Small forest landowner preferences for working forest conservation contract attributes: A case of Washington State, USA," Journal of Forest Economics, Elsevier, vol. 19(3), pages 307-330.
    4. Shrestha, Anusha & Grala, Robert K. & Grado, Stephen C. & Roberts, Scott D. & Gordon, Jason S. & Adhikari, Ram K., 2021. "Nonindustrial private forest landowner willingness to pay for prescribed burning to lower wildfire hazards," Forest Policy and Economics, Elsevier, vol. 127(C).
    5. Kerchner, Charles D. & Keeton, William S., 2015. "California's regulatory forest carbon market: Viability for northeast landowners," Forest Policy and Economics, Elsevier, vol. 50(C), pages 70-81.
    6. Alisa E White & David A Lutz & Richard B Howarth & José R Soto, 2018. "Small-scale forestry and carbon offset markets: An empirical study of Vermont Current Use forest landowner willingness to accept carbon credit programs," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-24, August.
    7. Khanal, Puskar N. & Grebner, Donald L. & Munn, Ian A. & Grado, Stephen C. & Grala, Robert K. & Henderson, James E., 2017. "Evaluating non-industrial private forest landowner willingness to manage for forest carbon sequestration in the southern United States," Forest Policy and Economics, Elsevier, vol. 75(C), pages 112-119.
    8. Mook, Anne & Dwivedi, Puneet, 2022. "Exploring links between education, forest management intentions, and economic outcomes in light of gender differences in the United States," Forest Policy and Economics, Elsevier, vol. 145(C).
    9. Soto, José R. & Adams, Damian C. & Escobedo, Francisco J., 2016. "Landowner attitudes and willingness to accept compensation from forest carbon offsets: Application of best–worst choice modeling in Florida USA," Forest Policy and Economics, Elsevier, vol. 63(C), pages 35-42.
    10. Marissa Bongiovanni Schmitz & Erin Clover Kelly, 2016. "Ecosystem Service Commodification: Lessons from California," Global Environmental Politics, MIT Press, vol. 16(4), pages 90-110, November.
    11. Graves, Rose A. & Nielsen-Pincus, Max & Haugo, Ryan D. & Holz, Andrés, 2022. "Forest carbon incentive programs for non-industrial private forests in Oregon (USA): Impacts of program design on willingness to enroll and landscape-scale program outcomes," Forest Policy and Economics, Elsevier, vol. 141(C).
    12. Huff, Emily S. & Floress, Kristin & Snyder, Stephanie A. & Ma, Zhao & Butler, Sarah, 2019. "Where farm and forest meet: Comparing National Woodland Owner Survey respondents with and without farmland," Land Use Policy, Elsevier, vol. 87(C).
    13. Meier, Justin T. & Kilgore, Michael A. & Frey, Gregory E. & Snyder, Stephanie A. & Blinn, Charles R., 2019. "A comparison of participants and non-participants of state forest property tax programs in the United States," Forest Policy and Economics, Elsevier, vol. 102(C), pages 10-16.
    14. Snyder, Stephanie A. & Ma, Zhao & Floress, Kristin & Clarke, Mysha, 2020. "Relationships between absenteeism, conservation group membership, and land management among family forest owners," Land Use Policy, Elsevier, vol. 91(C).
    15. Pratt, Bryan & Tanner, Sophia & Thornsbury, Suzanne, 2021. "Behavioral Factors in the Adoption and Diffusion of USDA Innovations," Miscellaneous Publications 338293, United States Department of Agriculture, Economic Research Service.

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