Spatially explicit benefit-cost analysis of fire management for greenhouse gas abatement

Scott Heckbert, Jeremy Russell-Smith, Andrew Reeson, Jocelyn Davies, Glenn James, C Meyer

    Research output: Contribution to journalArticleResearchpeer-review

    Abstract

    This paper examines the economic potential for fire management to provide offsets to carbon markets in the savannas of northern Australia. Long-term field trials in Australia's savannas have quantified greenhouse gas (GHG) emissions abatement resulting from improved fire management. However, little is known about the economic potential of fire management projects or the locations where projects might be economically viable for providing GHG offsets. A benefit–cost analysis of fire management for GHG offsets is presented here, which includes spatially explicit estimates for GHG abatement under three assumptions of management efficacy (conservative, empirically based, upper potential). The total supply of GHG abatement is estimated under different prices and management efficacy assumptions, and areas that pass the benefit–cost analysis are identified. At the Australian Government's carbon price of A$23 per metric tonne of carbon dioxide equivalents (CO2-e), fire management would be economically viable across 51 million hectares, all within the higher monsoonal rainfall regions of northern Australia, abating 1.6 million tonnes of CO2-e per year. These estimates suggest that fire management projects can contribute to GHG abatement targets and be financially viable across large areas of northern Australia. Additional benefits are anticipated from these projects for biodiversity conservation, livelihoods for indigenous Australians and economic development in remote regions.
    Original languageEnglish
    Pages (from-to)724-732
    Number of pages9
    JournalAustral Ecology
    Volume37
    Issue number6
    DOIs
    Publication statusPublished - 2012

    Fingerprint

    cost benefit analysis
    fire management
    cost-benefit analysis
    greenhouse gases
    greenhouse gas
    savanna
    carbon markets
    carbon dioxide
    savannas
    carbon
    economics
    economic development
    greenhouse gas emissions
    livelihood
    biodiversity
    field experimentation
    rainfall
    market
    project
    rain

    Cite this

    Heckbert, Scott ; Russell-Smith, Jeremy ; Reeson, Andrew ; Davies, Jocelyn ; James, Glenn ; Meyer, C. / Spatially explicit benefit-cost analysis of fire management for greenhouse gas abatement. In: Austral Ecology. 2012 ; Vol. 37, No. 6. pp. 724-732.
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    abstract = "This paper examines the economic potential for fire management to provide offsets to carbon markets in the savannas of northern Australia. Long-term field trials in Australia's savannas have quantified greenhouse gas (GHG) emissions abatement resulting from improved fire management. However, little is known about the economic potential of fire management projects or the locations where projects might be economically viable for providing GHG offsets. A benefit–cost analysis of fire management for GHG offsets is presented here, which includes spatially explicit estimates for GHG abatement under three assumptions of management efficacy (conservative, empirically based, upper potential). The total supply of GHG abatement is estimated under different prices and management efficacy assumptions, and areas that pass the benefit–cost analysis are identified. At the Australian Government's carbon price of A$23 per metric tonne of carbon dioxide equivalents (CO2-e), fire management would be economically viable across 51 million hectares, all within the higher monsoonal rainfall regions of northern Australia, abating 1.6 million tonnes of CO2-e per year. These estimates suggest that fire management projects can contribute to GHG abatement targets and be financially viable across large areas of northern Australia. Additional benefits are anticipated from these projects for biodiversity conservation, livelihoods for indigenous Australians and economic development in remote regions.",
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    Spatially explicit benefit-cost analysis of fire management for greenhouse gas abatement. / Heckbert, Scott; Russell-Smith, Jeremy; Reeson, Andrew; Davies, Jocelyn; James, Glenn; Meyer, C.

    In: Austral Ecology, Vol. 37, No. 6, 2012, p. 724-732.

    Research output: Contribution to journalArticleResearchpeer-review

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