The influence of CO2 mitigation incentives on profitability of eucalyptus production on clay settling areas in Florida

Matthew Langholtz; Douglas R. Carter; Donald L. Rockwood; Janaki R.R. Alavalapati

doi:10.1016/j.biombioe.2008.12.006

The influence of CO₂ mitigation incentives on profitability of eucalyptus production on clay settling areas in Florida

Matthew Langholtz
, Douglas R. Carter
, Donald L. Rockwood
, Janaki R.R. Alavalapati

Research output: Contribution to journal › Article › peer-review

7 Scopus citations

Abstract

Fast growing, short-rotation tree crops provide unique opportunities to sequester carbon on phosphate-mined lands in central Florida and, if used as a biofuel, can reduce CO₂ emissions associated with electricity generation. Base case land expectation values (LEVs) of phosphate-mined land under Eucalyptus amplifolia (EA) forestry range from 762 to 6507 $ ha^-1 assuming real discount rates of 10% and 4%, respectively. Assuming 5 $ Mg^-1 C, these LEVs increase from 3% to 24% with incentives for in situ carbon sequestration benefits, or 21% to 73% given in situ carbon sequestration with additional incentives for reducing CO₂ emissions through the use of EA as an energy feedstock. Potential benefits from below-ground C sequestration and mine land reclamation are estimated to be worth an additional 5642-11,056 $ ha^-1.

Original language	English
Pages (from-to)	785-792
Number of pages	8
Journal	Biomass and Bioenergy
Volume	33
Issue number	5
DOIs	https://doi.org/10.1016/j.biombioe.2008.12.006
State	Published - May 2009
Externally published	Yes

Funding

We acknowledge the assistance of Steve Segrest of the Common Purpose Institute and Mark van Soestbergen of the International Carbon Bank and Exchange, and funding by the Florida Institute of Phosphate Research.

Keywords

Carbon markets
Clay settling areas
Faustmann
Non-timber benefit
Phosphate-mined land
Reclamation
Restoration
Short-rotation coppicing

Access to Document

10.1016/j.biombioe.2008.12.006

Cite this

@article{89f068044e1f4129971dcb6830f10ca7,

title = "The influence of CO2 mitigation incentives on profitability of eucalyptus production on clay settling areas in Florida",

abstract = "Fast growing, short-rotation tree crops provide unique opportunities to sequester carbon on phosphate-mined lands in central Florida and, if used as a biofuel, can reduce CO2 emissions associated with electricity generation. Base case land expectation values (LEVs) of phosphate-mined land under Eucalyptus amplifolia (EA) forestry range from 762 to 6507 \$ ha-1 assuming real discount rates of 10\% and 4\%, respectively. Assuming 5 \$ Mg-1 C, these LEVs increase from 3\% to 24\% with incentives for in situ carbon sequestration benefits, or 21\% to 73\% given in situ carbon sequestration with additional incentives for reducing CO2 emissions through the use of EA as an energy feedstock. Potential benefits from below-ground C sequestration and mine land reclamation are estimated to be worth an additional 5642-11,056 \$ ha-1.",

keywords = "Carbon markets, Clay settling areas, Faustmann, Non-timber benefit, Phosphate-mined land, Reclamation, Restoration, Short-rotation coppicing",

author = "Matthew Langholtz and Carter, \{Douglas R.\} and Rockwood, \{Donald L.\} and Alavalapati, \{Janaki R.R.\}",

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AU - Langholtz, Matthew

AU - Carter, Douglas R.

AU - Rockwood, Donald L.

AU - Alavalapati, Janaki R.R.

PY - 2009/5

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N2 - Fast growing, short-rotation tree crops provide unique opportunities to sequester carbon on phosphate-mined lands in central Florida and, if used as a biofuel, can reduce CO2 emissions associated with electricity generation. Base case land expectation values (LEVs) of phosphate-mined land under Eucalyptus amplifolia (EA) forestry range from 762 to 6507 $ ha-1 assuming real discount rates of 10% and 4%, respectively. Assuming 5 $ Mg-1 C, these LEVs increase from 3% to 24% with incentives for in situ carbon sequestration benefits, or 21% to 73% given in situ carbon sequestration with additional incentives for reducing CO2 emissions through the use of EA as an energy feedstock. Potential benefits from below-ground C sequestration and mine land reclamation are estimated to be worth an additional 5642-11,056 $ ha-1.

AB - Fast growing, short-rotation tree crops provide unique opportunities to sequester carbon on phosphate-mined lands in central Florida and, if used as a biofuel, can reduce CO2 emissions associated with electricity generation. Base case land expectation values (LEVs) of phosphate-mined land under Eucalyptus amplifolia (EA) forestry range from 762 to 6507 $ ha-1 assuming real discount rates of 10% and 4%, respectively. Assuming 5 $ Mg-1 C, these LEVs increase from 3% to 24% with incentives for in situ carbon sequestration benefits, or 21% to 73% given in situ carbon sequestration with additional incentives for reducing CO2 emissions through the use of EA as an energy feedstock. Potential benefits from below-ground C sequestration and mine land reclamation are estimated to be worth an additional 5642-11,056 $ ha-1.

KW - Carbon markets

KW - Clay settling areas

KW - Faustmann

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KW - Restoration

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