Carbon, climate, and economic breakeven times for biofuel from woody biomass from managed forests
Mitch R. Withers,
Robert Malina and
Steven R.H. Barrett
Ecological Economics, 2015, vol. 112, issue C, 45-52
Abstract:
Woody biomass harvested from old-growth forests results in a significant “carbon debt” when used as a feedstock for transportation fuel. This is because previously stored forest carbon is released to the atmosphere as CO2. The debt is eventually repaid provided that the life cycle CO2 emissions of the biofuel are lower than the conventional fuel that is displaced. Managed forests are an alternative to old-growth forests with the potential to reduce the carbon debt associated with woody biomass-derived fuels. This work is the first to quantify the carbon debt incurred by transportation biofuels derived from woody biomass from managed forests. The breakeven time of this carbon debt is computed along with breakeven times for radiative forcing, temperature change, and economic damages. In the case of biofuel production for 30years, we find that breakeven times for carbon, radiative forcing, and temperature change are 59, 42, and 48years, respectively. If cumulative economic damages are computed for discount rates of 1–2%, the breakeven time is greater than 100years, while damages never break even at discount rates above 2%. Breakeven times decrease if the prevailing harvest cycle is left unchanged, but increase if biofuel production is sustained indefinitely.
Keywords: Forest; Carbon debt; Biomass; Climate; Alternative fuel (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0921800915000439
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:112:y:2015:i:c:p:45-52
DOI: 10.1016/j.ecolecon.2015.02.004
Access Statistics for this article
Ecological Economics is currently edited by C. J. Cleveland
More articles in Ecological Economics from Elsevier
Bibliographic data for series maintained by Catherine Liu ().