Hofmann Forest ProjectManagement AreaBaseline AssessmentManaging for Carbon

 

A four-member group of graduate students in a natural resource management course at North Carolina State University modeled two scenarios to determine the feasibility of managing for carbon on a section of the Hofmann Forest.  The study compares the financial and ecological tradeoffs between “business as usual” (BAU) and two scenarios:

1) the current voluntary carbon market, and

2) a compliance carbon market. 

The analysis concludes that under the first scenario, there are minimal financial gains associated with managing for carbon.  Under the second scenario where cap-and-trade legislation regulates greenhouse gases, a lucrative situation exists for the Hofmann Forest.

 
 
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Last Update: August 14, 2009