Caviglia-Harris, Jill L.; Kahn, James R. - In: International Journal of Sustainable Development 6 (2003) 3, pp. 328-344
Carbon annuities have been suggested as a means for rewarding landowners for preserving forests and sequestering carbon. Although this is an intuitively appealing approach, the benefits of the sequestration activities have not been compared with the opportunity cost of preserving the forest....