Junhui Hu, Eirik Ogner Jåstad, Per Kristian Rørstad
{"title":"Exploring trade-offs in forest carbon storage: A cost-effectiveness study of Nordic forests and harvested wood products","authors":"Junhui Hu, Eirik Ogner Jåstad, Per Kristian Rørstad","doi":"10.1016/j.forpol.2025.103619","DOIUrl":null,"url":null,"abstract":"<div><div>Forest-based carbon sequestration plays an important role in climate mitigation, yet strategies vary widely in effectiveness and cost. This study compares two optimization goals in the Nordic forest sector, maximizing carbon in harvested wood products (HWP) and in avoided forest harvest plus HWPs. A partial equilibrium forest sector model (NFSM), combined with the method of Modeling to Generate Alternatives (MGA), is used to assess trade-offs between economic outcomes and carbon storage goals. Marginal abatement cost (MAC) curves are indirectly derived from the results. The analysis shows that maximizing avoided harvest and HWP achieves higher CO₂ gains at substantially lower costs (about €15–463/tCO₂) compared to only maximizing HWP (about €44–1200/tCO₂). In addition, the results reveal that carbon-focused strategies reshape industrial and trade dynamics in opposing ways. Bioeconomy-oriented approaches drive production and exports at higher carbon costs, while conservation-focused strategies reduce harvests and raise the risk of market leakage. These findings highlight the need for integrated policies that reduce reliance on product-based carbon storage while strengthening forest-based sequestration and storage.</div></div>","PeriodicalId":12451,"journal":{"name":"Forest Policy and Economics","volume":"179 ","pages":"Article 103619"},"PeriodicalIF":3.8000,"publicationDate":"2025-09-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Forest Policy and Economics","FirstCategoryId":"97","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1389934125001984","RegionNum":2,"RegionCategory":"农林科学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
Forest-based carbon sequestration plays an important role in climate mitigation, yet strategies vary widely in effectiveness and cost. This study compares two optimization goals in the Nordic forest sector, maximizing carbon in harvested wood products (HWP) and in avoided forest harvest plus HWPs. A partial equilibrium forest sector model (NFSM), combined with the method of Modeling to Generate Alternatives (MGA), is used to assess trade-offs between economic outcomes and carbon storage goals. Marginal abatement cost (MAC) curves are indirectly derived from the results. The analysis shows that maximizing avoided harvest and HWP achieves higher CO₂ gains at substantially lower costs (about €15–463/tCO₂) compared to only maximizing HWP (about €44–1200/tCO₂). In addition, the results reveal that carbon-focused strategies reshape industrial and trade dynamics in opposing ways. Bioeconomy-oriented approaches drive production and exports at higher carbon costs, while conservation-focused strategies reduce harvests and raise the risk of market leakage. These findings highlight the need for integrated policies that reduce reliance on product-based carbon storage while strengthening forest-based sequestration and storage.
期刊介绍:
Forest Policy and Economics is a leading scientific journal that publishes peer-reviewed policy and economics research relating to forests, forested landscapes, forest-related industries, and other forest-relevant land uses. It also welcomes contributions from other social sciences and humanities perspectives that make clear theoretical, conceptual and methodological contributions to the existing state-of-the-art literature on forests and related land use systems. These disciplines include, but are not limited to, sociology, anthropology, human geography, history, jurisprudence, planning, development studies, and psychology research on forests. Forest Policy and Economics is global in scope and publishes multiple article types of high scientific standard. Acceptance for publication is subject to a double-blind peer-review process.