Florida Forest Landowner Preferences for Carbon Offset Program Characteristics

José R. Soto; Damian C. Adams; and Francisco J. Escobedo

Business, Finance, and Economics, Forest Health, Forest Management, and Policy and Administration

FR38800.pdf — PDF document, 128Kb

This publication explains how carbon-offset programs operate and examines the benefits of these programs, both to landowners and the environment. We review recent studies and address questions and concerns about these carbon-offset programs in Florida and the southeast US. A summary of a recent study of Florida forest landowners is used to better reveal landowners’ views and preferences on forest carbon-offset programs in relation to their key characteristics such as: 1) contract length, 2) compensation amount, 3) penalty for ending the contract, and 4) methods of dealing with the risks associated with these types of forest projects. This publication also provides estimates on landowners’ willingness-to-accept (WTA) monetary compensation for their enrollment in such programs. The information provided by this publication should be of interest to Extension agents, consultants, and policy makers interested in promoting forest landowner participation in carbon markets. 

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