New Cost Estimates for Carbon Sequestration Through Afforestation in the United States

"This report provides new cost estimates for carbon sequestration through afforestation in the United States. We extend existing studies of carbon sequestration costs in several important ways, while ensuring the transparency of our approach. ... We find that at a carbon price of $50/ton, approximately 200 million tons of carbon would be sequestered annually through afforestation. At a price of $100/ton, an addition 100 million tons of carbon would be sequestered each year. Our estimates closely match those in earlier econometric studies for relatively low carbon prices, but diverge at higher carbon prices" -- Prelim. p.