... sequestration rising carbon prices social cost of carbon oceanic CO₂ uptake sustainable forestry no-harvest forestry delay The UK’s government – and many other governments and international bodies, and most forestry and environmental organisations and discussion fora – now seem...

... should decline through time. If so, capitalizing the social cost of carbon becomes more laborious. With declining rates, capitalized social cost of carbon fluxes is not only higher initially, compared with the capitalized cost at a fixed rate: the difference also rises through time. Thus in forestry...

...Michael Hoel; Bjart Holtsmark; Katinka Holtsmark The paper presents an adjusted Faustmann Rule for optimal harvest of a forest when there is a social cost of carbon emissions. The theoretical framework takes account of the dynamics and interactions of forests’ multiple carbon pools and assumes...