Siberian Federal University

Issue

Journal of Siberian Federal University. Humanities & Social Sciences. 2015 8 (Supplement)

Authors

Gavrikov, Vladimir L.; Khlebopros, Rem G.

Contact information

Gavrikov, Vladimir L.:Siberian Federal University 79 Svobodny, Krasnoyarsk, 660041, Russia;E-mail: ; Khlebopros, Rem G.:Siberian Federal University 79 Svobodny, Krasnoyarsk, 660041, Russia; International Center for Studies of Organism Extreme Conditions at Krasnoyarsk Scientific Center of RAS 50 Akademgorodok, Krasnoyarsk, 660036, Russia

Keywords

Kyoto forest; carbon sequestering; carbon market; discounting

Abstract

The key message of the work is that a national carbon market is economically feasible in Russia. To support the inference, a basic comparison of two kinds of forest management projects was performed; one is a usual commercial timber trade and second is a Kyoto forest aimed to sequester atmospheric carbon. The calculations were done per one cubic meter of wood. For which a number of parameters were established: 1) conversion coefficients linking raw wood volume stock and the mass deposed carbon, 2) a realistic carbon sequester price and 3) a realistic retail roundwood price. Also, a hypothesis was applied that revenues planned in the future subjected to discounting, while the factually received revenues turned into a financial capital. It was shown that the discounted revenues for the two forest management projects were quite comparable in a long run perspective. Because the discounted revenues for the Kyoto forest project, though small at the beginning, grew faster that the value of the occurring once sale the economic results of the projects coincided at a definite moment of time

Pages

144-153

Paper at repository of SibFU

https://elib.sfu-kras.ru/handle/2311/16654

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License (CC BY-NC 4.0).