Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Ecosystem Services under Benefit and Cost Uncertainty: An Application to Soil Carbon Sequestration

Ecosystem Services under Benefit and Cost Uncertainty: An Application to Soil Carbon Sequestration Abstract: Benefit and cost uncertainty in provisioning of ecosystem services are investigated in the context of soil carbon sequestration. Multiple parcel-level carbon sequestration options are considered. Uncertainty has been a widely stated reason for not including soil carbon sequestration in the portfolio of greenhouse gases reduction measures. Biophysical simulation models are used to generate a distribution of resulting environmental benefits. An econometric model of conservation practice adoption is used to generate a distribution of costs. The results provide a magnitude of uncertainty discount for soil carbon offsets and the budget margin of safety, and may assist in formulating carbon sequestration policy. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Land Economics University of Wisconsin Press

Ecosystem Services under Benefit and Cost Uncertainty: An Application to Soil Carbon Sequestration

Land Economics , Volume 86 (4) – Apr 4, 2010

Loading next page...
 
/lp/university-of-wisconsin-press/ecosystem-services-under-benefit-and-cost-uncertainty-an-application-l0edgDMDTZ
Publisher
University of Wisconsin Press
Copyright
Copyright © University of Wisconsin Press
ISSN
1543-8325
Publisher site
See Article on Publisher Site

Abstract

Abstract: Benefit and cost uncertainty in provisioning of ecosystem services are investigated in the context of soil carbon sequestration. Multiple parcel-level carbon sequestration options are considered. Uncertainty has been a widely stated reason for not including soil carbon sequestration in the portfolio of greenhouse gases reduction measures. Biophysical simulation models are used to generate a distribution of resulting environmental benefits. An econometric model of conservation practice adoption is used to generate a distribution of costs. The results provide a magnitude of uncertainty discount for soil carbon offsets and the budget margin of safety, and may assist in formulating carbon sequestration policy.

Journal

Land EconomicsUniversity of Wisconsin Press

Published: Apr 4, 2010

There are no references for this article.