Forests in a Market Economy pp 221-241 | Cite as
Economics of Forest Carbon Sequestration
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Abstract
Concern over rising greenhouse gas (GHG) concentrations in the atmosphere and the corresponding potential for harmful global climate change has spawned international effort to mitigate the build-up of GHGs. In addition to targeting reductions of GHG emissions from fossil fuel combustion, global mitigation efforts include the sequestration of atmospheric CO2, the most critical GHG, into terrestrial carbon (C) stocks, often referred to as the creation of a C “sink.”
Keywords
Bare Land Supply Function Commodity Market Land Rent Conservation Reserve Program
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