The Cost of Carbon Stored on Afforested Lands in the Southern United States

The Trillion Trees Campaign and Trillion Trees Initiative are part of the global climate change mitigation efforts to increase carbon storage on reforested and afforested lands. In this study, we estimated the cost of carbon stored on an acre of afforested loblolly pine (Pinus taeda) over a 100-year...

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Autores principales:	Madisen Fuller, Puneet Dwivedi
Formato:	article
Lenguaje:	EN
Publicado:	Elsevier 2021
Materias:	Climate change Economics Nature-based solutions Southern United States Forestry SD1-669.5 Plant ecology QK900-989
Acceso en línea:	https://doaj.org/article/678e42a7d1a441bb9c96915d25597bfd
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spelling	oai:doaj.org-article:678e42a7d1a441bb9c96915d25597bfd2021-12-04T04:36:09ZThe Cost of Carbon Stored on Afforested Lands in the Southern United States2666-719310.1016/j.tfp.2021.100129https://doaj.org/article/678e42a7d1a441bb9c96915d25597bfd2021-12-01T00:00:00Zhttp://www.sciencedirect.com/science/article/pii/S2666719321000686https://doaj.org/toc/2666-7193The Trillion Trees Campaign and Trillion Trees Initiative are part of the global climate change mitigation efforts to increase carbon storage on reforested and afforested lands. In this study, we estimated the cost of carbon stored on an acre of afforested loblolly pine (Pinus taeda) over a 100-years simulation period in the Lower Coastal Plain Region of the Southern United States. We varied site indices, interest rates, and carbon discount rates for ascertaining the impacts on the cost of the total carbon stored across three carbon pools (stand, finished wood products, and wood present in landfills). After accounting for the net profits from an acre of afforested loblolly pine plantation, the cost of stored carbon currently ranges between $0.76/ton and -$10.12/ton over a 100-years simulation period with zero carbon discount rate. The cost of stored carbon is lower for higher site indices. The cost of stored carbon decreases with a rise in the carbon discount rate. Afforestation is a cost-effective nature-based solution for mitigating climate change. It should be considered as a potential strategy for reducing the overall cost of mitigating climate change in the United States. The findings of the study are relevant for efforts promoting afforestation as a tool for mitigating climate change worldwide.Madisen FullerPuneet DwivediElsevierarticleClimate changeEconomicsNature-based solutionsSouthern United StatesForestrySD1-669.5Plant ecologyQK900-989ENTrees, Forests and People, Vol 6, Iss , Pp 100129- (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	Climate change Economics Nature-based solutions Southern United States Forestry SD1-669.5 Plant ecology QK900-989
spellingShingle	Climate change Economics Nature-based solutions Southern United States Forestry SD1-669.5 Plant ecology QK900-989 Madisen Fuller Puneet Dwivedi The Cost of Carbon Stored on Afforested Lands in the Southern United States
description	The Trillion Trees Campaign and Trillion Trees Initiative are part of the global climate change mitigation efforts to increase carbon storage on reforested and afforested lands. In this study, we estimated the cost of carbon stored on an acre of afforested loblolly pine (Pinus taeda) over a 100-years simulation period in the Lower Coastal Plain Region of the Southern United States. We varied site indices, interest rates, and carbon discount rates for ascertaining the impacts on the cost of the total carbon stored across three carbon pools (stand, finished wood products, and wood present in landfills). After accounting for the net profits from an acre of afforested loblolly pine plantation, the cost of stored carbon currently ranges between $0.76/ton and -$10.12/ton over a 100-years simulation period with zero carbon discount rate. The cost of stored carbon is lower for higher site indices. The cost of stored carbon decreases with a rise in the carbon discount rate. Afforestation is a cost-effective nature-based solution for mitigating climate change. It should be considered as a potential strategy for reducing the overall cost of mitigating climate change in the United States. The findings of the study are relevant for efforts promoting afforestation as a tool for mitigating climate change worldwide.
format	article
author	Madisen Fuller Puneet Dwivedi
author_facet	Madisen Fuller Puneet Dwivedi
author_sort	Madisen Fuller
title	The Cost of Carbon Stored on Afforested Lands in the Southern United States
title_short	The Cost of Carbon Stored on Afforested Lands in the Southern United States
title_full	The Cost of Carbon Stored on Afforested Lands in the Southern United States
title_fullStr	The Cost of Carbon Stored on Afforested Lands in the Southern United States
title_full_unstemmed	The Cost of Carbon Stored on Afforested Lands in the Southern United States
title_sort	cost of carbon stored on afforested lands in the southern united states
publisher	Elsevier
publishDate	2021
url	https://doaj.org/article/678e42a7d1a441bb9c96915d25597bfd
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The Cost of Carbon Stored on Afforested Lands in the Southern United States

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