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Carbon Storage in Harvested Products along the Wood Supply Chain through Industry 4.0 Technologies: Challenges, Opportunities, and Policy Implications

In: ENERGY TRANSITION AND CARBON NEUTRALITY IN ASEAN DEVELOPING CARBON CAPTURE, UTILIZATION AND STORAGE TECHNOLOGIES

Author

Listed:
  • Nophea Sasaki

Abstract

The global wood industry annually harvests and consumes approximately 2.2 billion m3, presenting a significant opportunity to increase carbon storage within harvested wood products (HWPs) through strategic implementation of advanced technologies. While the advent of the Industry 4.0 revolution has introduced a suite of technologies with the potential to enhance carbon storage in HWPs, research has been limited on this crucial subject. This chapter provides a comprehensive review of past efficiencies in harvesting, processing, and manufacturing along the supply chain within the Southeast Asian wood industry and proposes well-informed policy recommendations based on the research to facilitate the early adoption of cutting-edge technologies, with the aim of optimizing forest utilization and management while increasing carbon storage in HWPs. This chapter advocates for sustainable practices that align with global climate goals and promote a greener future by addressing the critical knowledge gap regarding the utilization of Industry 4.0 technologies to enhance carbon storage in HWPs.

Suggested Citation

  • Nophea Sasaki, 2024. "Carbon Storage in Harvested Products along the Wood Supply Chain through Industry 4.0 Technologies: Challenges, Opportunities, and Policy Implications," World Scientific Book Chapters, in: Phoumin Han & Rabindra Nepal (ed.), ENERGY TRANSITION AND CARBON NEUTRALITY IN ASEAN DEVELOPING CARBON CAPTURE, UTILIZATION AND STORAGE TECHNOLOGIES, chapter 7, pages 173-200, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789811288050_0007
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    More about this item

    Keywords

    Carbon Capture; Utilization and Storage; Decarbonization and Net-Zero; Energy Transition; Development and Deployment; Policy Barriers and Pathways; Political Economy;
    All these keywords.

    JEL classification:

    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics
    • Q43 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Energy and the Macroeconomy
    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy

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