The economics of Forest Carbon Sequestration: A Bibliometric Analysis

Carbon sequestration in forests has increasingly captured the attention of scientists as a strategy for climate change mitigation and environmental sustainability. In this era of huge carbon emission, being a low-carbon and cost-effective technology, the economic analysis of forest carbon sequestration holds higher importance for the successful implementation and intended outcomes. This study elucidates a scientometric view of the research structure and thematic evolution of economic studies on forest carbon sequestration based on 1,439 articles over the time slice 2001-2021. The bibliographic data has been retrieved from the Dimensions database which accommodates a large coverage of research publications and also provides easy access to essential scholarly data and information. Vosviewer and Biblioshiny software tools have opted for visualization and evaluation purposes of bibliometric data. This study employs various measures of bibliometric analysis like co-authorship, bibliographic coupling, citation and keyword analysis to find out the principal articles, authors, journals, most frequent keywords and highest publishing countries and institutions in this field and the results show that the number of publications has escalated substantially in the last five years, Popp A, 2017 (305 citations) and André P C Faaij (11 documents) are the most cited article and the most productive author, respectively, Bradford’s law calculates 21 core journals out of total 503 journals among which Forest Policy and Economics is on the top, and the most productive country and institution are the USA and University of Florida, respectively. The study also investigates key publishing subject categories and the number of publications covered under each Sustainable Development Goals. The overall outcome of this bibliometric study confers an in-depth understanding of the various dimensions of economic analysis on forest carbon sequestration, its development pattern in the last 20 years and also provides emerging themes for future references.

The economics of Forest Carbon Sequestration: A Bibliometric Analysis

Carbon sequestration in forests has increasingly captured the attention of scientists as a strategy for climate change mitigation and environmental sustainability. In this era of huge carbon emission, being a low-carbon and cost-effective technology, the economic analysis of forest carbon sequestration holds higher importance for the successful implementation and intended outcomes. This study elucidates a scientometric view of the research structure and thematic evolution of economic studies on forest carbon sequestration based on 1,439 articles over the time slice 2001-2021. The bibliographic data has been retrieved from the Dimensions database which accommodates a large coverage of research publications and also provides easy access to essential scholarly data and information. Vosviewer and Biblioshiny software tools have opted for visualization and evaluation purposes of bibliometric data. This study employs various measures of bibliometric analysis like co-authorship, bibliographic coupling, citation and keyword analysis to find out the principal articles, authors, journals, most frequent keywords and highest publishing countries and institutions in this field and the results show that the number of publications has escalated substantially in the last five years, Popp A, 2017 (305 citations) and André P C Faaij (11 documents) are the most cited article and the most productive author, respectively, Bradford’s law calculates 21 core journals out of total 503 journals among which Forest Policy and Economics is on the top, and the most productive country and institution are the USA and University of Florida, respectively. The study also investigates key publishing subject categories and the number of publications covered under each Sustainable Development Goals. The overall outcome of this bibliometric study confers an in-depth understanding of the various dimensions of economic analysis on forest carbon sequestration, its development pattern in the last 20 years and also provides emerging themes for future references.

Forest Carbon Management: a Review of Silvicultural Practices and Management Strategies Across Boreal, Temperate and Tropical Forests

Purpose of Review Carbon sequestration and storage in forest ecosystems is often promoted as a solution for reducing CO2 concentrations in the atmosphere. Yet, our understanding is lacking regarding how forest management strategies affect the net removal of greenhouse gases and contribute to climate change mitigation. Here, we present a review of carbon sequestration and stock dynamics, following three strategies that are widely used in boreal, temperate and tropical forests: extensive forest management, intensive forest management and old-growth forest conservation. Recent Findings Several studies show that specific forest management strategies can improve carbon sequestration capacity and soil carbon storage. Within these studies, the old-growth forest conservation strategy results in greater carbon storage in soils than do extensive and intensive forest management. Intensive forest management enhances forest carbon sequestration capacity through afforestation using fast-growing species, mechanical soil preparation from low to moderate intensity and N fertilization. Extensive forest management is an intermediate compromise regarding carbon sequestration and soil carbon storage, between conservation and intensive forest management strategies. With respect to silvicultural treatments, partial cutting is a practice that increases forest carbon sequestration rates and maintains higher carbon storage in soils compared to clear-cuts. Each silvicultural practice that is discussed in this review showed a similar effect on forest carbon in all biomes, although the magnitude of these effects differs mainly in terms of heterotrophic respiration. Summary To achieve sustainable management and fulfill industrial demand and profitability, specific gaps must be dealt with to improve our scientific knowledge regarding forest carbon sequestration in a climate change context, mainly through the integration of the three aforementioned strategies in a functional zoning approach at the landscape scale. We present a review with promising strategies for guiding sustainable forest management in such a global context.

Forest Carbon Sequestration Demand Based on Emissions Reduction in China’s Thermal Power and Steel Industries: Implications for Tobacco Industry

Objectives: China is a large country of tobacco production and consumption. In the construction and development of carbon market, the tobacco industry is expected to realizing energy conservation and emission reduction by participating in carbon trading, especially focusing on the forest carbon sequestration demand based on emissions reduction. Compared with the tobacco industry, the heavy pollution industries participate in the carbon market more deeply and widely. Therefore, this paper takes thermal power and steel industries as the research object, in order to provide some implications for the emission reduction path of tobacco industry. It considers the CO2 emissions intensity and marginal abatement costs (MAC) between China’s thermal power and steel industries during 2005–2017, and quantifies the forest carbon sequestration (FCS) demand level of these two industries to account for the role and potential of the forests for China’s green and low-carbon development. Methods: It uses a logistic algorithm to reflect the relationship among FCS demand, MAC and other influencing factors, and the cloud model to simulate FCS demand in different scenarios. Results: It shows an average decline of 54.06% and 56.05% in the carbon intensity of the two industries over the period. The average annualMAC are 11.82–25.55 CNY/ton across pilots, while the annual FCS demand expectation is 35 and 45 million tons for the thermal power and steel industries, respectively. If the MAC increases by 10%, the annual FCS demand will increase to 90 and 50 million tons, respectively. Other factors such as the prices of carbon emissions rights, carbon emission quotas, and industry output show little effect on FCS demand. Conclusion: The economic and technological efficiency of emissions reduction in different industries should be considered comprehensively, and that the consumer to producer subsidy for FCS in the carbon market should be adjusted for resource distribution optimization. This would promote emissions reduction, stimulate FCS demand, and improve the carbon market mechanism.

Commercial Forest Carbon Protocol Over-credit Bias Delimited by Zero-threshold Carbon Accounting

Despite the use of commercial forest carbon protocols (CFCPs) for more than two decades, claiming ~566 MMtCO2e and a market value of ~USD $15.7 billion, comparative analysis of CFCP methodology and offset results is limited. In this study, five widely used biometric-based CFCPs are characterized, and common characteristics and differences are identified. CFCP claims of net forest carbon sequestration are compared with results of directly measured CO2 by eddy covariance, a meteorological method integrating gross vertical fluxes of forest and soil carbon, and the only alternative non-biometric source of net forest carbon sequestration data available. We show here that CFCPs share a structural feature delimiting forest carbon values by zero-threshold carbon accounting (gC m-2 ≤ 0), a pattern opposite to natural emissions of forest CO2 exchange based on direct measurement and a fundamental biological constraint on net forest carbon storage (i.e., soil efflux, ecosystem respiration). Exclusion of forest CO2 sources to the atmosphere precludes net carbon accounting, resulting in unavoidable over-crediting of CFCP project offsets. CFCP carbon results are significantly different from global forest CO2 net ecosystem exchange population results (FluxNet2015 gC m-2) at the 95% to 99.99% confidence levels, inferring an annual median error of ~247% (gC m-2), consistent with over-crediting. Direct CO2 measurement provides an urgently needed alternative method for commercial forest carbon products that has the potential to harmonize global markets and catalyze the role of forests in managing climate change through nature-based solutions.

Commercial Forest Carbon Protocol Over-Credit Bias Delimited by Zero-Threshold Carbon Accounting

Despite the use of commercial forest carbon protocols (CFCPs) for more than two decades, claiming ~566 MMtCO2e and a market value of ~USD $15.7 billion, comparative analysis of CFCP methodology and offset results is limited. In this study, five widely used biometric-based CFCPs were characterized, and common characteristics and differences were identified. CFCP claims of net forest carbon sequestration are compared with results of directly measured CO2 by eddy covariance, a meteorological method integrating gross vertical fluxes of forest and soil carbon, and the only alternative non-biometric source of net forest carbon sequestration data available. We show here that CFCPs share a structural feature delimiting forest carbon values by zero-threshold carbon accounting (gC m-2 ≤ 0), a pattern opposite to natural emissions of forest CO2 exchange based on direct measurement and a fundamental biological constraint on net forest carbon storage (i.e., soil efflux, ecosystem respiration). Exclusion of forest CO2 sources to the atmosphere precludes net carbon accounting, resulting in unavoidable over-crediting of CFCP offsets. CFCP carbon results are significantly different from global forest CO2 net ecosystem exchange population results (FluxNet2015 gC m-2) at the 95% to 99.99% confidence levels, inferring an annual median error of ~247% (gC m-2), also consistent with over-crediting. Direct CO2 measurement provides an alternative method for commercial forest carbon products, has the potential to harmonize global markets, and catalyze the role of forests in managing climate change through nature-based solutions.