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Least-Cost Forest Carbon Reserves: Cost-Effective Subsidies to Convert Marginal Agricultural Land to Forests

Peter J. Parks and Ian W. Hardie
Land Economics
Vol. 71, No. 1 (Feb., 1995), pp. 122-136
DOI: 10.2307/3146763
Stable URL: http://www.jstor.org/stable/3146763
Page Count: 15
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Least-Cost Forest Carbon Reserves: Cost-Effective Subsidies to Convert Marginal Agricultural Land to Forests
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Abstract

Supply schedules for forests planted on marginal agricultural lands are used to simulate a national carbon sequestration program. A cost-effective program should focus on establishing softwood forests on pastureland, and select lands by minimizing cost per ton sequestered. A program similar to the Conservation Reserve Program would sequester 48.6 million tons of carbon per year (3.5 percent of U.S. emissions) on 22.2 million acres. Costs would include $3,700 million in land rental costs and forest establishment costs. Minimizing cost per acre would increase enrollment to 23.1 million acres and would sequester 45.0 million tons per year.

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