This is the first article I have seen to economically formalize how to weigh the climatic and social cost of agricultural albedo change against the carbons sequestration and land and crop value benefits of farming and forestry
A the authors note : "The value of land in both uses is decreased by the warming impact of albedo [(14) and (16)]. Carbon sequestration acts as an opposite force (16). These two forces also contribute to the optimal timber harvest decision (17): the clear- cutting stops the carbon sequestration and releases the sequestered carbon with a given time profile, but prevents albedo warming caused by a dense forest stand. The relative effect of these forces is determined by the natural properties of the stand (stand growth, carbon release from carbon pools and the strength of albedo’s warming power), and the prices assigned to carbon and albedo. The interplay of the natural processes and the prices of the externalities determines the optimal harvesting behavior and land use." i intend to alert them to the relevance of their methodology to other areas of anthopogenic albedo change, algricultural reservoir albedo included/ On Monday, September 3, 2018 at 10:35:47 AM UTC-4, Andrew Lockley wrote: > > Market-Level Implications of > Regulating Forest Carbon Storage and > Albedo for Climate Change Mitigation > Aapo Rautiainen, Jussi Lintunen, and Jussi Uusivuori > We explore the optimal regulation of forest carbon and albedo for climate > change > mitigation. We develop a partial equilibrium market-level model with > socially > optimal carbon and albedo pricing and characterize optimal land allocation > and > harvests. We numerically assess the policy’s market-level impacts on land > allocation, harvests, and climate forcing, and evaluate how parameter > choices > (albedo strength, productivity of forest land, and carbon and albedo > prices) affect > the outcomes. Carbon pricing alone leads to an overprovision of climate > benefits > at the expense of food and timber production. Complementing the policy with > albedo pricing reduces these welfare losses. > Key Words: albedo, carbon, climate, externality, forest, harvest, land use, > optimization, timber > -- You received this message because you are subscribed to the Google Groups "geoengineering" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at https://groups.google.com/group/geoengineering. For more options, visit https://groups.google.com/d/optout.
