Environmental Science
3 years ago

Forests Unlock Lucrative Carbon Credits, Boosting Climate Action and Profits

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Forests
Net Revenue of Forest Carbon Offset Projects: Application of the Korean Emission Trading System in the Forestry Sector
Heesung Woo, Mauricio Acuña, Bong-Su Choi, Joon Soon Kim

Paper Summary

The Korean government has programs to reduce greenhouse gas emissions by managing forests. They studied different forest management strategies to see which ones increase carbon storage and make money. Reforestation with new tree species was found to be more profitable than extending the rotation age of trees. This means planting new trees can help the environment and bring in revenue.

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