Carbon Sequestration with Reforestations and Biodiversity-scenic Values

Abstract

This paper presents an optimal control model to analyze reforestations with two different species, including commercial values, carbon sequestration and biodiversity or scenic values. We discuss the implications of partial or total internalization of environmental values, showing that internalizing only carbon sequestration may have negative impacts on biodiversity-scenic values. To evaluate the practical relevance, we compare reforestations in the South-west of Spain with cork-oaks (a slow-growing native species) and with eucalyptus (a fast-growing alien species). We do the analysis with two different carbon crediting methods: the Carbon Flow Method and the Ton Year Accounting Method. With the first method, the forest surface increases more, but using mainly eucalyptus. With the second, additional reforestations are done mainly using cork-oaks. We value the impact on visitors of these reforestations using stated preferences methods showing that, when these values are internalized, cork-oaks are favored.

This is a preview of subscription content, access via your institution.

References

  1. Boletin Oficial del Estado (BOE) (2001) Real Decreto 6/2001, de 12 de enero, sobre fomento de la forestación de tierras agrícolas. BOE 12(13.1.2001):1621–1630

  2. Campos P, Daly-Hassen H, Ovando P (2007) Cork-oak forest management in Spain and Tunisia: two case studies of conflicts between sustainability and private income. Int For Rev 9(2): 610–626

    Google Scholar 

  3. Campos P, Ovando P, Oviedo JL, López E, Montero G (2009) Economía privada de la forestación con alcornoques y la regeneración natural del alcornocal en el Parque Natural Los Alcornocales (Cádiz - Málaga). In: Zapata-Blanco S (eds) Alcornocales e industria corchera: Hoy, Ayer y Mañana. Museu del Suro de Palafrugell, Palafrugell, Spain (Forthcoming)

  4. Cunha-e-Sá MA, Rosa R (2006) Impact of carbon accounting methods on optimal forest management: an application to the Portuguese eucalyptus forest. II AERNA Congress, Lisbon (2–3 June)

  5. Caparrós A, Campos A, Martín D (2003) Influence of carbon dioxide abatement and recreational services on optimal forest rotation. Int J Sustain Dev 6(3): 345–358

    Article  Google Scholar 

  6. Caparrós A, Cerdá E, Ovando P, Campos P (2007) Carbon Sequestration with reforestations and biodiversity-scenic values. FEEM Working Paper 28.2007, Milan

  7. Caparrós A, Oviedo JL, Campos P (2008) Would you choose your preferred option? Comparing choice and recoded ranking experiments. Am J Agricult Econ 90(3): 843–855

    Article  Google Scholar 

  8. Caparrós A, Jacquemont F (2003) Conflicts between biodiversity and carbon offset programs: economic and legal implications. Ecol Econ 46: 143–157

    Article  Google Scholar 

  9. Carnus J-M, Parrotta J, Brockerhoff E, Arbez M, Jactel H, Kremer A, Lamb D, O’Hara K, Walters B (2006) Planted forests and biodiversity. J For 104(2): 65–77

    Google Scholar 

  10. Cowling RM, Rundel PW, Lamont BB, Arroyo MK, Arianoutsou M (1996) Plant diversity in mediterranean-climate regions. Trends Ecol Evol 11(9): 362–366

    Article  Google Scholar 

  11. Dockner E (1985) Local stability in optimal control problems with two state variables. In: Feichtinger G Optimal control theory and economic analysis 2. North-Holland, Amsterdam, pp 89–103

  12. Englin J, Callaway JM (1993) Global climate change and optimal forest management. Nat Resour Model 7(3): 191–202

    Google Scholar 

  13. Feng H, Zhao J, Kling CL (2002) The time path and implementation of carbon sequestration. Am J Agricult Econ 84(1): 134–149

    Article  Google Scholar 

  14. Feng H, Kling CL (2005) The consequences of cobenefits for the efficient design of carbon sequestration programs. Can J Agricult Econ 53: 461–476

    Article  Google Scholar 

  15. García O (1983) A stochastic differential equation model for the height growth of forest stands. Biometrics 39: 1059–1072

    Article  Google Scholar 

  16. Hartman R (1976) The harvesting decision when a standing forest has value. Econ Inq 14: 52–58

    Article  Google Scholar 

  17. Hunt C (2008) Economics and ecology of emerging markets and credits for bio-sequestered carbon on private land in tropical Australia. Ecol Econ 66(2-3): 309–318

    Article  Google Scholar 

  18. Huntsinger L, Bartolome JW (1992) Ecological dynamics of Quercus dominated woodlands in California and southern Spain: a state-transition model. Vegetatio 99–100: 299–305

    Article  Google Scholar 

  19. Intergovernmental Panel on Climate Change (IPCC) (2000) IPCC special report: land use, land use change and forestry. WMO–UNEP, Geneva

  20. Krinsky I, Robb AL (1986) On approximating the statistical properties of elasticities. Rev Econ Stat 68: 715–719

    Article  Google Scholar 

  21. Lubowski RN, Plantinga AJ, Stavins RN (2006) Land-use change and carbon sinks: Econometric estimation of the carbon sequestration supply function. J Environ Econ Manag 51: 135–152

    Article  Google Scholar 

  22. Matthews S, O’Connor R, Plantinga AJ (2002) Quantifying the impacts on biodiversity of policies for carbon sequestration in forests. Ecol Econ 40(1): 71–87

    Article  Google Scholar 

  23. McFadden D (1981) Econometric models of probabilistic choice. In: Manski C, McFadden D (eds) Structural analysis of discrete data with econometric applications. MIT Press, Cambridge, pp 198–272

    Google Scholar 

  24. Montero G, López E, Campos P, Sánchez-González MO, Sánchez M, Ruiz-Peinado R, Ovando P, Caparrós A, Bachiller, A (2009) Selvicultura de los alcornocales (Quercus suber L.) del macizo del Aljibe (Cádiz—Málaga). In: Zapata-Blanco S, (eds) Alcornocales e industria corchera: Hoy, Ayer y Mañana. Museu del Suro de Palafrugell, Palafrugell, Spain (Forthcoming)

  25. Montero G, Ruiz-Peinado R, Muñoz M (2006) Producción de biomasa y fijación de CO2 por los bosques españoles Serie Forestal 13. Monografías Instituto Nacional de Investigación y Tecnología Agraria y Alimentaria, Madrid

  26. Moons E, Proost S, Saveyn B, Hermy M (2008) Optimal location of new forests in a suburban region. J For Econ 14(1): 5–27

    Google Scholar 

  27. Moura-Costa P, Wilson C (2000) An equivalence factor between CO 2 avoided emissions and sequestration—description and applications in forestry. Mitig Adapt Strateg Glob Chang 5(1): 51–60

    Article  Google Scholar 

  28. Muys B, Garcia-Quijano J, Deckmyn G, Ceulemans R, Moons E, Proost S (2003) An integrated decision support framework for the prediction and evaluation of efficiency environmental impact and total social cost of domestic and international forestry projects for greenhouse gas mitigation: description and case studies. KU Leuven Working Paper 2003–2006.

  29. Official Journal of the European Communities (OJEC) (1999) Council regulation (EC) no. 1257/1999 of 17 May 1999, on support for rural development from the European Agricultural Guidance and Guarantee Fund (EAGGF) and amending and repealing certain Regulations. OJEC, L, vol. 160, 26.6.1999, pp. 80–102

  30. Olschewski R, Benitez PC (2005) Secondary forests as temporary carbon sinks? The economic impact of accounting methods on reforestation projects in the tropics. Ecol Econ 55: 380–394

    Article  Google Scholar 

  31. Richards KR, Sampson RN, Brown S (2006) Agricultural and forestlands: US carbon policy strategies. PEW Center, Washington

    Google Scholar 

  32. Richards KR, Stokes C (2004) A review of forest carbon sequestration cost studies: a dozen years of research. Clim Chang 63: 1–48

    Article  Google Scholar 

  33. Sohngen B, Mendelsohn R (2003) An optimal control model of forest carbon sequestration. Am J Agricult Econ 85(2): 448–457

    Article  Google Scholar 

  34. Van Kooten GC, Binkley CS, Delcourt G (1995) Effects of carbon taxes and subsidies on optimal forest rotation age and supply of carbon services. Am J Agricult Econ 77: 365–374

    Article  Google Scholar 

  35. Van Kooten GC (2000) Economic dynamics of tree planting for carbon uptake on marginal agricultural lands. Can J Agricult Econ 48: 51–65

    Article  Google Scholar 

  36. Van’t Veld K, Plantinga A (2005) Carbon sequestration or abatement? The effect of rising carbon prices on the optimal portfolio of greenhouse-gas mitigation strategies. J Environ Econ Manag 50: 59–81

    Article  Google Scholar 

Download references

Author information

Affiliations

Authors

Corresponding author

Correspondence to Alejandro Caparrós.

Rights and permissions

Reprints and Permissions

About this article

Cite this article

Caparrós, A., Cerdá, E., Ovando, P. et al. Carbon Sequestration with Reforestations and Biodiversity-scenic Values. Environ Resource Econ 45, 49–72 (2010). https://doi.org/10.1007/s10640-009-9305-5

Download citation

Keywords

  • Optimal control
  • Forests
  • Carbon sequestration
  • Biodiversity
  • Scenic
  • Stated preferences
  • Carbon accounting

JEL Classification

  • Q23
  • Q26
  • Q51
  • Q57