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Estimated participation in U.S. carbon sequestration programs: A study of NIPF landowners in Massachusetts

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  • Dickinson, Brenton J.
  • Stevens, Thomas H.
  • Lindsay, Marla Markowski
  • Kittredge, David B.

Abstract

Although carbon sequestration programs for non-industrial forestland owners in Massachusetts are being developed, very little is known about the program attributes of importance to different types of landowners or the likelihood that landowners will participate in any given program. This study estimates the probability that Massachusetts landowners will participate in several carbon offset programs using data from a survey of 3000 Massachusetts forestland owners. Results from an ordered logit discrete choice model suggest that the likelihood of enrollment in most programs is quite low. Landowners are clearly motivated by economic factors, but other aspects of carbon sequestration may also be important in their decision making.

Suggested Citation

  • Dickinson, Brenton J. & Stevens, Thomas H. & Lindsay, Marla Markowski & Kittredge, David B., 2012. "Estimated participation in U.S. carbon sequestration programs: A study of NIPF landowners in Massachusetts," Journal of Forest Economics, Elsevier, vol. 18(1), pages 36-46.
  • Handle: RePEc:eee:foreco:v:18:y:2012:i:1:p:36-46
    DOI: 10.1016/j.jfe.2011.06.002
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    References listed on IDEAS

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    1. Thomas, H. Stevens & White, Sarah & Kittredge, David B. & Dennis, Donald, 2002. "Factors affecting NIPF landowner participation in management programs: a Massachusetts case study," Journal of Forest Economics, Elsevier, vol. 8(3), pages 169-184.
    2. Collins, Julie, 2007. "Climate Change and Emissions Trading (Power Point)," 2007 Seminar, August 24, 2007, Wellington, New Zealand 97617, New Zealand Agricultural and Resource Economics Society.
    3. LeVert, Michael & Stevens, Thomas & Kittredge, Dave, 2009. "Willingness-to-sell conservation easements: A case study," Journal of Forest Economics, Elsevier, vol. 15(4), pages 261-275, December.
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    Citations

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    Cited by:

    1. Roy Chowdhury, Pranab K. & Brown, Daniel G., 2023. "Modeling the effects of carbon payments and forest owner cooperatives on carbon storage and revenue in Pacific Northwest forestlands," Land Use Policy, Elsevier, vol. 131(C).
    2. Khanal, Puskar N. & Grebner, Donald L. & Munn, Ian A. & Grado, Stephen C. & Grala, Robert K. & Henderson, James E., 2017. "Evaluating non-industrial private forest landowner willingness to manage for forest carbon sequestration in the southern United States," Forest Policy and Economics, Elsevier, vol. 75(C), pages 112-119.
    3. Josset, Clement & Shanafelt, David W. & Abildtrup, Jens & Stenger, Anne, 2023. "Probabilistic typology of private forest owners: A tool to target the development of new market for ecosystem services," Land Use Policy, Elsevier, vol. 134(C).
    4. Håbesland, Daniel E. & Kilgore, Michael A. & Becker, Dennis R. & Snyder, Stephanie A. & Solberg, Birger & Sjølie, Hanne K. & Lindstad, Berit H., 2016. "Norwegian family forest owners' willingness to participate in carbon offset programs," Forest Policy and Economics, Elsevier, vol. 70(C), pages 30-38.
    5. Khanal, Puskar N. & Grebner, Donald L. & Straka, Thomas J. & Adams, Damian C., 2019. "Obstacles to participation in carbon sequestration for nonindustrial private forest landowners in the southern United States: A diffusion of innovations perspective," Forest Policy and Economics, Elsevier, vol. 100(C), pages 95-101.
    6. Kerchner, Charles D. & Keeton, William S., 2015. "California's regulatory forest carbon market: Viability for northeast landowners," Forest Policy and Economics, Elsevier, vol. 50(C), pages 70-81.
    7. Alisa E White & David A Lutz & Richard B Howarth & José R Soto, 2018. "Small-scale forestry and carbon offset markets: An empirical study of Vermont Current Use forest landowner willingness to accept carbon credit programs," PLOS ONE, Public Library of Science, vol. 13(8), pages 1-24, August.
    8. Miller, Kristell A. & Snyder, Stephanie A. & Kilgore, Michael A., 2012. "An assessment of forest landowner interest in selling forest carbon credits in the Lake States, USA," Forest Policy and Economics, Elsevier, vol. 25(C), pages 113-122.
    9. Soto, José R. & Adams, Damian C. & Escobedo, Francisco J., 2016. "Landowner attitudes and willingness to accept compensation from forest carbon offsets: Application of best–worst choice modeling in Florida USA," Forest Policy and Economics, Elsevier, vol. 63(C), pages 35-42.
    10. Balderas Torres, Arturo & MacMillan, Douglas C. & Skutsch, Margaret & Lovett, Jon C., 2013. "Payments for ecosystem services and rural development: Landowners' preferences and potential participation in western Mexico," Ecosystem Services, Elsevier, vol. 6(C), pages 72-81.
    11. Nunez Godoy, Cristina C. & Pienaar, Elizabeth F. & Branch, Lyn C., 2022. "Willingness of private landowners to participate in forest conservation in the Chaco region of Argentina," Forest Policy and Economics, Elsevier, vol. 138(C).
    12. Yu, Jinna & Yao, Shunbo & Zhang, Bisheng, 2014. "Designing afforestation subsidies that account for the benefits of carbon sequestration: A case study using data from China's Loess Plateau," Journal of Forest Economics, Elsevier, vol. 20(1), pages 65-76.
    13. Graves, Rose A. & Nielsen-Pincus, Max & Haugo, Ryan D. & Holz, Andrés, 2022. "Forest carbon incentive programs for non-industrial private forests in Oregon (USA): Impacts of program design on willingness to enroll and landscape-scale program outcomes," Forest Policy and Economics, Elsevier, vol. 141(C).
    14. Huff, Emily S. & Floress, Kristin & Snyder, Stephanie A. & Ma, Zhao & Butler, Sarah, 2019. "Where farm and forest meet: Comparing National Woodland Owner Survey respondents with and without farmland," Land Use Policy, Elsevier, vol. 87(C).

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    More about this item

    Keywords

    Carbon sequestration; Ordered logit; Economic incentives; Carbon offsets;
    All these keywords.

    JEL classification:

    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q54 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Climate; Natural Disasters and their Management; Global Warming
    • Q57 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Ecological Economics
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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