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1、the carbon sequestration the carbon sequestration marketmarket an innovative tool for states to achieve the chesapeake executive council directive no. 06-1a brief for the chesapeake bay programforestry workgroupbyjames r. remuzzicoordinator, forestry for the bay programcarbon sequestration is direct
2、ly linked to net carbon sequestration is directly linked to net primary production. this production occurs primary production. this production occurs regardless of the current market trendsregardless of the current market trendsheath and birdsey 2000net productivity varies by net productivity varies
3、 by regionregionthe paradigm shiftthe paradigm shift shifting forest resource management from single-asset approach where cut timber is seen as the only real value of forests to a multiple-asset approach that diversifies revenue streams by capitalizing on non-timber products and services that genera
4、te higher real returns on the forest asset. returns can be used as incentive for keeping land as forests.“weve been doing it all “weve been doing it all along”along”we are now just monetizing itthe carbon market: a the carbon market: a snapshotsnapshotthe water is warm. how do we get in?some effecti
5、ve and cost some effective and cost efficient activities to increase efficient activities to increase carbon sequestrationcarbon sequestrationincrease productivity of forest land i.e improved managementincrease area of forest landincrease agroforestryincrease carbon in durable wood products through
6、efficient utilization of raw materialfrom birdsey et al. 2000energy cropsriparian forest buffers cropland to forestcropland to grasslandwindbreaks & shelterbelts 1.3 to 5+1 to 5 (?)0.5 to 50.3 to 0.70.25 to 0.7improved forest managementconservation tillageimproved crop systems0.1 to 1.40.1 to 0.
7、250.04 to 0.12drainage, wetland mgtusing forest productsextending product life? ? potential carbon effect (tc/ac/yr)carbon offset opportunitiesr. neil sampson: june 25, 2004 presentation to the regional greenhouse gas initiative meetingafforestation for carbon sequestration has been studied extensiv
8、elybetween 23 and 45 million acres of marginal cropland and pasture may be available for conversion to forest, mostly in the eastnot all available land can be converted to forest economicallylandowner incentives are needed to enroll acres in programssignificant gains in sequestered carbon will take
9、20-30 yearspotential gains are approximately 50 mmtc/yr store carbon while protecting farmsteads, livestock, roads, people, soils, and cropsstore carbon while protecting water quality stores carbon while producing livestock benefits if both trees and grass are properly managed store carbon while pro
10、viding income from wood products or biofueldesigned forests in agricultural landscapesthere are many opportunities in the life cycle of wood production to:improve the utilization of harvested biomassincrease the useful life of wood productsskog and nicholson 2000increased utilization and vertical in
11、creased utilization and vertical integration: a recent case studyintegration: a recent case studyprecious woods amazon supplies waste woods from its forest operations to a local renewable energy biomass plant, of which it acquired an 80% stake in june 2005. the switch from diesel to biomass resulted
12、 in carbon emission reductions and qualifies for carbon creditsadditional emissions reductions are achieved from reducing:methane which was previously released by stockpiled waste woodtransportation of diesel into the amazon. the project will offset more than 1.4m tons of co2 over a 10 year period.
13、by leveraging timber activities with biomass powered electricity generation and the sale of carbon emission reductions to kyoto compliant countries, the precious woods group is expecting to generate an additional highly profitable turnover of $2-3 million per year on an ongoing basis summary: the cu
14、rrent and summary: the current and potential role of forests in potential role of forests in sequestering carbonsequestering carbon currently, u.s. forests sequester carbon at a rate that is 15% of u.s. emissions it is technically feasible to double the current rate of sequestration in forests and w
15、ood products for a finite period of time(+200 mmtc/yr from 4 activities described, plus others not discussed) increasing forest carbon sequestration has other positive benefits research, new infrastructure, and landowner assistance would be required to double the rate of sequestration barriers to in
16、creasing forest barriers to increasing forest carbon sequestrationcarbon sequestration infrastructure may be lacking (e.g. nurseries to produce tree seedlings) lack complete knowledge of how forest practices affect ecosystem carbon pools landowner assistance programs specific to carbon sequestration
17、 must be developed may be incompatible with other policy goalstree planting in the u.s.usda forest service 2,718,000 acres of public forestland in va 12,102,000 acres in nipf total 14,820,000 acresdoes lookup table establish set rates of sequestration by given forest ecosystems.one acre of 40 year o
18、ld oak hickory forest contains 1,348ft3 of volume and 37.7 tons of carbon.numbers are used to establish baselines for accounting carbon sequestration rates. increasing the managementincreasing the managementto capitalize the market to capitalize the market valuevalue increased management can result
19、in a net carbon effect of .75 tonc/ac/yr (sampson) .75 x 2,718,000 acres = 2,038,500 tonc/ac/yr 2,038,500 tonc/ac/yr x $4.20/ton= $8,561,700 in potential revenues per year.the carbon market and the carbon market and the cec the cec puts new meaning into the concept of “sustainably managed working forests” the market is available right now. at the state level, the management is already in place. makes realizing carbon market potential much easier. $8 million/year protects, enhances and expands a lot of forestlanddivert to expertisedivert to expertisewww.ncoc.usthe national carbon offset coalit
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