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The economical potential of the carbon offset opportunity offered with the afforestation of boreal open woodlands
Boris Dufour, Université du Québec à Chicoutimi, [email protected] (Presenter) Jean-Francois Boucher, Université du Quebec a Chicoutimi, [email protected]
Olivier Bahn, École des hautes études commerciales de Montréal, [email protected] Pascal Tremblay, Université du Québec à Chicoutimi, [email protected]
Jean-Denis Grenier, Génivar, [email protected] Claude Villeneuve, Université du Québec à Chicoutimi, [email protected]
Daniel Lord, Université du Québec à Chicoutimi, [email protected]
The afforestation of boreal open woodlands (OWs) is presently regarded as an efficient
carbon offset opportunity.
Quebec manageable boreal forest includes 1.6 M ha of stable and unproductive open woodlands
(< 25% crown cover).
Afforesting 400 000 ha could offset up to 8% of Québec’s
industrial process emisssions after 45 years, but…
could it be profitable ?
Incomes •Carbon credits •Wood products
Expenses
•Field operational costs •Monitoring costs •Road construction
Woodstock spatial optimization Parameters: •Spatial distribution of OWs and roads •Land productivity •Planted species •Forest fires •Wildlife management plans •Backup plantations extent (risk of reversion) •Forest carbon allometry (CBM-CFS3) •Anticipated carbon value (TIMES Canada)
Optimized
NPV (Net Present Value)
Main hypothesis tested: Optimized silvicultural solutions of boreal open woodland afforestation can produce feasible and profitable offset opportunities on mid- to long term horizons (20-50 years), with respect to plausible carbon price scenarios and discount rates.
From: Boucher et al. (2012)
Process Safety and Environmental Protection 90 (6) , pp. 459–466
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