Accounting for risk in valuing forest carbon offsets |
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Authors: | Matthew D Hurteau Bruce A Hungate George W Koch |
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Institution: | (1) Department of Biological Sciences and Merriam-Powell Center for Environmental Research, , PO Box 6077, Flagstaff, AZ 86011, USA |
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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. |
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Keywords: | |
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