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Marginal abatement cost curves for UK forestry

Lead Author: Gregory Valatin

Home publication Marginal abatement cost curves for UK forestry

Comparing the cost-effectiveness of different climate change mitigation measures is essential in minimising the cost of meeting national greenhouse gas reduction targets. The costs of different measures and their potential to reduce emissions or sequester greenhouse gases can be depicted using a Marginal Abatement Cost Curve. Previous studies have shown that UK forestry measures are generally highly cost-effective by comparison with government estimates of the social value of carbon used in policy appraisal. However, estimates are sensitive to a range of factors including the species planted, forest management regime, environmental conditions, co-benefits and methodology adopted. This review provides a comparison of previous approaches and underlying assumptions, and summarises the current approach to cost-effectiveness analysis for policy appraisal and evaluation recommended in government guidance. It also provides recommendations for future studies.

fcrp019

PDF, 0.38 MB

Published
2012
Publication type
Research Report
Publication owner
Forestry Commission
Contacts
Principal Economist
Forestry Staff Gregory Valatin.d744f2ef.fill 600x600 1

Related research

Research

Marginal abatement cost curves (MACCs) for UK forestry

This page summarises the results of Forest Research’s assessment of different approaches and methodologies for estimating marginal abatement cost curves (MACCs) for the UK.

Status completed