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  • 标题:Uncertainty Discounting for Land-Based Carbon Sequestration
  • 本地全文:下载
  • 作者:Kim, Man-Keun ; McCarl, Bruce A.
  • 期刊名称:Journal of Food Distribution Research
  • 印刷版ISSN:0047-245X
  • 出版年度:2009
  • 卷号:40
  • 期号:4
  • 页码:1-11
  • 出版社:Food Distribution Research Society
  • 摘要:The effect of stochastic factors on soil carbon makes the quantity of carbon generated under a sequestration project uncertain. Hence, the quantity of sequestered carbon may need to be discounted to avoid liability from shortfalls. We present a potentially applicable uncertainty discount and discuss difficulties that might arise in empirical use. We insist that the variance in historical crop yields across geographical areas is used to derive a proxy variance for forming an uncertainty discount for carbon projects. Application of our approach suggests that project level uncertainty discounts would be 15–20% for the East Texas region.
  • 关键词:carbon sequestration;discount;uncertainty
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