Assessing the Cost-effectiveness of Woodlands in the Abatement of Carbon Dioxide Emissions

Assessing the Cost-effectiveness of Woodlands in the Abatement of Carbon Dioxide Emissions

This study assesses the cost-effectiveness of a range of woodland types across England, Scotland and Wales in removing carbon dioxide from the atmosphere.  The study uses two measures of cost-effectiveness: a physical measure (cost per tonne of CO2 removed) and a value measure (comparing the cost against the value of the CO2 removed).  The study develops a "marginal abatement cost curve" which shows how much CO2 removal can be achieved through planting new woodlands for a given cost.  Cost-effectiveness is considered over two time horizons: first, to 2050 and, second, to 2200.  The analysis takes account of the benefits of storing carbon in wood products and of substituting wood for more carbon-intensive product and fuels.

 It concentrates on the impact of additional new woodland and does not consider changes to the management of existing woodlands.


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