PHYS.ORG • March 27, 2020
Incentivizing both sequestration and avoidance of emissions— using a carbon rental or carbon tax and subsidy approach—versus only a carbon tax encourages protection of natural forests by valuing the standing stock, according to a new study. In their study, the research team—which included Adam Daigneault, University of Maine E.L. Giddings Assistant Professor of Forest, Conservation and Recreation Policy—addressed the impacts of woody biomass demand on forest harvests, prices and related timber management issues.