Overhead 1 Metodología para calculo de líneas base y mitigación. Dr. René Castro.

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Overhead 1 Metodología para calculo de líneas Metodología para calculo de líneas base y mitigación. base y mitigación. Metodología para calculo de líneas base y mitigación. Dr. René Castro

Transcript of Overhead 1 Metodología para calculo de líneas base y mitigación. Dr. René Castro.

  • Metodologa para calculo de lneas base y mitigacin.Metodologa para calculo de lneas base y mitigacin.Dr. Ren Castro

  • Cost of TM of Carbon

  • Fuel Mix Switching

  • The Costa Rican DilemmaPrepared by Ren Castro ([email protected]) and Sarah Cordero ([email protected])

    PEMEXNovember 1999

    This presentation uses data from a research work in progress supported by the UNDP regional office for Latin America.

  • AbstractSince 1987, successive Costa Rican governments developed market instruments to attract capital investments for forests and biodiversity conservation. This situation allowed the establishment of mechanisms to use those funds to compensate local farmers for some of the environmental services provided by their land. For example, by 1996 the first $2 million contract between Costa Rica and Norway for traded CTOs was signed under the United Nations Framework Convention on Climate Change (UNFCCC)Without delay, Mr. Tattembach, Costa Rican Ambassador to the UNFCCC, and Mr. Gorbitz, general manager of OCIC (Costa Rican Office of Joint Implementation) should assess the Joint Implementation pilot phase including recommending a price for the first 1 million tons of certified carbon, coming from the Protected Areas Project (PAP). Their recommendation should consider the implications of the new trading mechanisms for Costa Rica's potential foreign exchange earnings during the next decades.

  • UNFCCC Time LineRef: Castro and Cordero, Forthcoming

    Sheet1

    UNFCCC

    Earth

    SummitCOP-1COP-2COP-3COP-4

    RioBerlinGenevaKyotoArgentina

    199219941996199719982000200220042006200820102012

    Mechan:JI, AIJ, pilot phaseCDM, Bubbles, JI, Emissions Trading

    No CreditingEmissions Reduction Credits

    Target:Stabilization to 1990 level According to Berlin Mandate

    Additional reduction of 5.2% below 1990 levels

    Kyoto's Monitoring and

    Control Period

    Sheet2

    Sheet3

  • Kyoto Targets and Forecast Emissions, Relative to 1990Ref: Jacoby and Prinn, MIT, 1999.

    2010 target

    2000 forecast

    USA

    -7%

    +16%

    Japan

    -5%

    + 5%

    EU

    -8%

    + 3%

    Canada

    -6%

    +14%

    Australia

    +8%

    +24%

    New Zealand

    0%

    +29%

  • CO2 Emissions per Capita vs. GDP per capitaSelected Latin America and OECD CountriesRef: Castro and Tattembach, 1998

    Chart1

    7

    4

    1.3

    9.5

    3.75

    6

    9.5

    10.5

    17

    18.5

    8.5

    12

    7.75

    VEN

    COL

    PER

    MEX

    CR

    SPA

    UK

    NED

    GER

    JAP

    NOR

    CAN

    USA

    Unsustainable Development

    GreenerDevelopment

    GDP per capita (US dollars)

    CO2 Emissions per capita (MT)

    Sheet1

    1994

    CO2 Emissions per CapitaGDP per capita

    (Metric Tons)(US dollars

    COL71,417

    PER41,670

    CR1.31,865

    VEN9.52,830

    MEX3.752,961

    SPA612,665

    UK9.516,500

    NED10.518,750

    CAN1720,250

    USA18.523,675

    JAP8.523,773

    GER1223,779

    NOR7.7524,220

    BRA9.11,055

    CHI6.667497

    Sheet1

    &LSource: Castro and Tattenbach, 1998

    VEN

    COL

    PER

    MEX

    CR

    SPA

    UK

    NED

    GER

    JAP

    NOR

    CAN

    USA

    Unsustainable Development

    GreenerDevelopment

    GDP per capita (US dollars)

    CO2 Emissions per capita (MT)

    Sheet2

  • Recipients of Wildland Benefits in Costa Rica, 1998

    Types of Benefits

    Benefits mainly internalized by

    Owner

    Country

    World

    Sustainable Wood Harvesting

    X

    Hydropower Production Potential

    X

    Water Supply

    X

    Watershed Protection

    X

    Scenic Beauty

    X

    X

    X

    Carbon Fixation

    X

    Biodiversity

    X

    Based on Castro and Tattembach 1998, and the Costa Rican Forestry Law

  • Forestry Environmental Services Payment Scheme

    MINAE`S

    Greenhouse Fund

    5%

    Fossil Fuel

    Tax

    National Forestry Financing Fund

    AIJ investor

    CTOs

    OFFSETS

    Reforestation

    (Private Owners)

    Forest Management

    (Private Owners)

    Conservation

    (Private Owners)

    H2O

    OFFSETS

    OFFSETS

    $

    $

    $

    CO2

    Energy Projects

    Offsets

    $

  • Payments to landowners for the four environmental services named in the Forestry Law of 1996.(in $US per hectare)Ref: Castro and Tattembach, 1998

    Environmental Service

    Primary Forest

    Secondary Forest

    Min.

    Med.

    Max.

    Min.

    Med.

    Max.

    Carbon sequestration

    19

    38

    57

    15

    29

    44

    Protection of water

    2.5

    5

    7.5

    1

    3

    4

    Biodiversity protection

    5

    10

    15

    4

    7

    11

    Ecosystem protection

    2.5

    5

    7.5

    1

    3

    4

    Totals

    29

    58

    87

    21

    42

    63

  • Land Use in Costa Rica, 1998Ref: Castro Salazar, 1999

  • Hectares Consolidated in Each Protected Area Using Various Price Scenarios

    Sheet1

    Carbon Indifference Price between Private Natural Forest Protection and Competing Agricultural Activities

    (in $/tons of carbon )

    Private Natural Forest in the Buffer Zone

    of Protected Areas

    Crop or ActivityLa AmistadGuanacasteBarbilla

    Coffee386226227

    Pineapples372469487

    Watermelons309389403

    Yams251314327

    Avocados245307320

    Plantains244306319

    Tiquisque*198248258

    Passion Fruit189235245

    Tomatoes170211221

    Forest plantations1245062

    Bananas102124131

    Palm hearts98119126

    Yucca*91111118

    Coconuts738793

    Dairy cattle667984

    African palms637480

    Oranges637681

    Sugar cane617378

    Beef and dairy cattle515964

    Beef cattle11913

    Mangoes3

  • Marginal Cost of Carbon in Costa Rica According to Different PerspectivesRef: Castro Salazar, 1999.

    Chart1

    5.952488687810.35136361859.2579850108

    7.428705882411.03271757269.5736702768

    8.073130223911.21169178239.7490196433

    8.207390648611.894991405810.0294313267

    8.298054112511.926959930210.2987539122

    8.374625262511.932775623110.8114147019

    8.374625262512.189913311310.9056445847

    8.374625262512.319846630110.9354992773

    8.374625262512.570438473111.1220108896

    8.374625262512.619033284511.1220108896

    9.006620689712.936078648211.1678110588

    9.006620689713.004153720811.2788795061

    9.006620689713.343780424711.5012570175

    9.006620689713.343780424712.2457903731

    9.006620689713.493872671712.6761157537

    9.041347734513.782251399712.7837184455

    9.522204304113.997152030612.9720694658

    9.670648192414.15702077413.219626643

    9.670648192414.556535689213.2369405934

    9.670648192414.652321599513.3831314502

    9.670648192414.892546722613.4084038629

    9.670648192415.108545568113.4163660953

    9.670648192415.163711589713.4163660953

    10.242823529415.343627898514.0620189883

    10.242823529415.890380460814.0879003049

    10.242823529416.278749499314.4974225697

    10.242823529416.364255225814.9157447261

    10.242823529416.424006235814.9468525889

    10.358727947316.424006235815.0650816775

    10.463351351416.671397016815.4093484655

    10.463351351417.348479560215.6205698039

    10.463351351417.65202095515.6483430493

    10.521081081118.938776714715.6526308735

    10.557667227719.050059833517.1970225438

    10.932444073419.083253232417.3507783009

    11.200943446819.45186819717.4163699233

    11.200943446819.585101859917.558491724

    11.200943446819.600258888917.9912452886

    11.200943446819.856960199319.6989499295

    11.200943446820.58328604719.7933920795

    11.237030741121.596500670321.4027577389

    11.423390290322.142035336621.8042884505

    12.16515837123.581334366422.0663079429

    12.16515837124.348803978522.3589053328

    12.16515837127.570338043322.8659638392

    12.232277526428.097363000925.3686364301

    12.232277526429.686543463725.5695680224

    12.403213726431.90894415225.5929824187

    12.403213726431.965218358625.6676971228

    12.403213726435.607545477526.2551603995

    13.10859807835.752480351527.4227367193

    13.439448579835.768641054728.3050958048

    13.746947368436.66730591728.6669584123

    13.746947368437.679560299128.7708577984

    13.746947368437.882887064929.1189316752

    13.746947368438.446314687129.3479967762

    13.813882405539.782016846230.2850441172

    14.974963978740.164031945131.4795714735

    14.974963978740.456575930533.7099081229

    14.974963978741.611189021634.8141831356

    14.974963978742.259453640935.4996066133

    15.057585750142.485032120335.7583660666

    15.057585750143.780000286636.9447880718

    15.48571260943.784424027537.7368200664

    16.977260018645.867269145738.2051513376

    17.871993523245.946596327338.5350846253

    18.030553116846.323300688538.6810246099

    18.030553116846.83280766838.8959900752

    18.030553116846.97137240638.8959900752

    18.109168283747.313728160940.5246419484

    18.203977994147.313728160941.3714481122

    18.424900057147.37925695441.7573506075

    18.424900057147.585008100342.2990294534

    18.526556253648.584266969642.5061282068

    18.526556253648.779855037543.0377024881

    18.691072595749.062525425643.2008214833

    19.016671620149.413498744643.2916770929

    19.139608574149.969063455243.953183124

    19.139608574149.969063455244.004470562

    19.139608574150.532260139244.2925004309

    19.453191382751.317067530544.8991638537

    19.560520998651.322830978145.2090199505

    19.845302897351.492773604747.0048052265

    19.845302897352.454736047547.4430593003

    20.879019536552.498639799347.7324233756

    20.879019536552.707355332347.9100020583

    20.879019536556.172822010948.3916830741

    20.879019536556.973825350648.5329996856

    20.994215912357.328571765452.0578172694

    20.994215912358.135667526452.0578172694

    21.065983224659.59629001952.1476430334

    21.448427487559.638634690253.9392739064

    21.582729259760.898001453854.0762619315

    21.618454051161.359028057954.2511677244

    21.618454051161.680654312655.2022010609

    21.618454051163.853717642355.6043670958

    21.618454051164.002295456356.3444780271

    21.618454051164.671929708556.5896308227

    21.941117544467.042106500659.1637981757

    22.116420923467.769761766459.8075067958

    22.543309968769.574100146660.784343475

    24.083655012870.999937967261.582502633

    24.306905921171.346343158461.6918753329

    24.799436294971.68200325262.1383599035

    24.799436294973.405179913664.045434565

    24.799436294973.700923742964.0513164178

    24.799436294979.047789877964.0534806967

    24.86159809179.343640387769.407224677

    24.929711753479.514061230769.5001004257

    24.992874587679.615850353270.6491954774

    25.311013220180.002129073771.0254664308

    25.392578436180.509337902571.093299498

    25.829132262586.396300637573.7954289443

    25.888799393288.40467717874.7198602662

    28.679887446389.026680930775.1716723769

    28.916539934389.083875717276.1290114265

    29.472638283298.918211684879.0822861904

    29.635248462899.665286145979.1911031811

    30.4944899163100.950737977479.2271144527

    30.5746858075102.284539529679.2485254397

    30.6105420983103.685706796879.885679832

    31.1152802056104.478257091481.3473507523

    32.5675767686108.701763674981.7342152281

    33.3816659245108.759053395192.7912584947

    33.5658434874111.975994882493.2715386791

    33.844766043116.396455730993.5241181752

    35.9307149768118.71055977196.2675082245

    37.5152941176118.9950551648100.2738204009

    37.6153995138121.1894091925101.044558615

    37.666667297122.0414082923109.1748683672

    39.2184698857123.5081096751112.9719139788

    39.2314553123124.8839134035120.3913410515

    39.6570983977124.8839134035122.5772838655

    41.6059748285127.2827920009123.1168245842

    42.6624889199131.07088327123.1168245842

    44.2392584497133.556751725125.8880801759

    44.5778191985134.1336266457130.2540989699

    48.2496671383138.347645376133.3037471668

    48.2533649445138.3636319877138.9563651754

    49.1799183772142.1121951662139.7140940532

    50.3452368079143.198468922144.3263213586

    50.682626949147.4711685919148.4713846

    51.0818439118160.8226252693149.441417301

    52.5050250882162.7623929834151.3968495703

    54.4369787421163.8495487783161.0192771528

    55.3718249041169.9153992376163.8666827234

    61.6570875279170.4609219836164.143700297

    65.3435778911180.2756847527180.8899850011

    68.4138209458197.7837360498187.3440152559

    72.2802461465204.1954505059187.8836566447

    72.8507879545208.0608869885189.8053564779

    80.3280263035210.0617363311196.8133560227

    80.6357263447216.7498792464204.3988672627

    84.2336899865227.5464077728205.3725000407

    85.6343521214232.9237350118228.1765785906

    103.6506431585240.6013903306240.4757156966

    105.3052070031253.3961063599251.2284118208

    117.3980798572258.3532717846259.3161339201

    118.2657069071264.6507154303264.070160419

    139.4677909464270.2135920425265.0241136834

    142.0469474591305.4403982138273.6943071588

    143.3137812568316.5376295551312.0864831676

    156.3437726899326.0227006428315.2538957479

    158.1396661751337.4772533679325.1710978937

    183.8300890421348.0555378496362.7441341096

    270.6294371172348.9360487422376.3624396239

    305.3178615932463.7877862006418.8448857219

    347.1392149896578.6203620219426.3402106207

    475.1624747708649.4222696996586.5170244737

    Government at 5%

    Government at 12%

    Ecologists

    ecologist discount at 0%

    government discount at 5%

    government discount at 12%

    Thousand tons

    $/ton of Carbon

    Sheet1

    Sheet1

    5.952488687810.35136361859.2579850108

    7.428705882411.03271757269.5736702768

    8.073130223911.21169178239.7490196433

    8.207390648611.894991405810.0294313267

    8.298054112511.926959930210.2987539122

    8.374625262511.932775623110.8114147019

    8.374625262512.189913311310.9056445847

    8.374625262512.319846630110.9354992773

    8.374625262512.570438473111.1220108896

    8.374625262512.619033284511.1220108896

    9.006620689712.936078648211.1678110588

    9.006620689713.004153720811.2788795061

    9.006620689713.343780424711.5012570175

    9.006620689713.343780424712.2457903731

    9.006620689713.493872671712.6761157537

    9.041347734513.782251399712.7837184455

    9.522204304113.997152030612.9720694658

    9.670648192414.15702077413.219626643

    9.670648192414.556535689213.2369405934

    9.670648192414.652321599513.3831314502

    9.670648192414.892546722613.4084038629

    9.670648192415.108545568113.4163660953

    9.670648192415.163711589713.4163660953

    10.242823529415.343627898514.0620189883

    10.242823529415.890380460814.0879003049

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    10.242823529416.364255225814.9157447261

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    10.358727947316.424006235815.0650816775

    10.463351351416.671397016815.4093484655

    10.463351351417.348479560215.6205698039

    10.463351351417.65202095515.6483430493

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    16.977260018645.867269145738.2051513376

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    19.560520998651.322830978145.2090199505

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    21.618454051161.680654312655.2022010609

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    24.799436294979.047789877964.0534806967

    24.86159809179.343640387769.407224677

    24.929711753479.514061230769.5001004257

    24.992874587679.615850353270.6491954774

    25.311013220180.002129073771.0254664308

    25.392578436180.509337902571.093299498

    25.829132262586.396300637573.7954289443

    25.888799393288.40467717874.7198602662

    28.679887446389.026680930775.1716723769

    28.916539934389.083875717276.1290114265

    29.472638283298.918211684879.0822861904

    29.635248462899.665286145979.1911031811

    30.4944899163100.950737977479.2271144527

    30.5746858075102.284539529679.2485254397

    30.6105420983103.685706796879.885679832

    31.1152802056104.478257091481.3473507523

    32.5675767686108.701763674981.7342152281

    33.3816659245108.759053395192.7912584947

    33.5658434874111.975994882493.2715386791

    33.844766043116.396455730993.5241181752

    35.9307149768118.71055977196.2675082245

    37.5152941176118.9950551648100.2738204009

    37.6153995138121.1894091925101.044558615

    37.666667297122.0414082923109.1748683672

    39.2184698857123.5081096751112.9719139788

    39.2314553123124.8839134035120.3913410515

    39.6570983977124.8839134035122.5772838655

    41.6059748285127.2827920009123.1168245842

    42.6624889199131.07088327123.1168245842

    44.2392584497133.556751725125.8880801759

    44.5778191985134.1336266457130.2540989699

    48.2496671383138.347645376133.3037471668

    48.2533649445138.3636319877138.9563651754

    49.1799183772142.1121951662139.7140940532

    50.3452368079143.198468922144.3263213586

    50.682626949147.4711685919148.4713846

    51.0818439118160.8226252693149.441417301

    52.5050250882162.7623929834151.3968495703

    54.4369787421163.8495487783161.0192771528

    55.3718249041169.9153992376163.8666827234

    61.6570875279170.4609219836164.143700297

    65.3435778911180.2756847527180.8899850011

    68.4138209458197.7837360498187.3440152559

    72.2802461465204.1954505059187.8836566447

    72.8507879545208.0608869885189.8053564779

    80.3280263035210.0617363311196.8133560227

    80.6357263447216.7498792464204.3988672627

    84.2336899865227.5464077728205.3725000407

    85.6343521214232.9237350118228.1765785906

    103.6506431585240.6013903306240.4757156966

    105.3052070031253.3961063599251.2284118208

    117.3980798572258.3532717846259.3161339201

    118.2657069071264.6507154303264.070160419

    139.4677909464270.2135920425265.0241136834

    142.0469474591305.4403982138273.6943071588

    143.3137812568316.5376295551312.0864831676

    156.3437726899326.0227006428315.2538957479

    158.1396661751337.4772533679325.1710978937

    183.8300890421348.0555378496362.7441341096

    270.6294371172348.9360487422376.3624396239

    305.3178615932463.7877862006418.8448857219

    347.1392149896578.6203620219426.3402106207

    475.1624747708649.4222696996586.5170244737

    Government at 5%

    Government at 12%

    Ecologist

    ecologist discount at 0%

    government discount at 5%

    government discount at 12%

    Thousand tons

    $/ton of Carbon

    Marginal Cost of Carbon in Costa Rica

    Sheet2

    Sheet3

    MBD000202B7.xls

    Chart1

    9.31892229268.45074383585.952488687810.35136361859.2579850108

    10.37465301759.25798501087.428705882411.03271757269.5736702768

    10.49867148539.57367027688.073130223911.21169178239.7490196433

    11.00693908459.74901964338.207390648611.894991405810.0294313267

    11.189721630410.02943132678.298054112511.926959930210.2987539122

    11.371242780710.29875391228.374625262511.932775623110.8114147019

    11.576076229610.4350872498.374625262512.189913311310.9056445847

    12.064266283510.81141470198.374625262512.319846630110.9354992773

    12.477435003910.90564458478.374625262512.570438473111.1220108896

    12.495167524410.93549927738.374625262512.619033284511.1220108896

    12.522791713311.12201088969.006620689712.936078648211.1678110588

    12.529414404311.12201088969.006620689713.004153720811.2788795061

    12.798611835111.16781105889.006620689713.343780424711.5012570175

    13.120168998211.27887950619.006620689713.343780424712.2457903731

    13.14933375311.50125701759.006620689713.493872671712.6761157537

    13.150612556411.70566114949.041347734513.782251399712.7837184455

    13.533672684611.99416352579.522204304113.997152030612.9720694658

    13.533672684612.24579037319.670648192414.15702077413.219626643

    13.585561487712.78371844559.670648192414.556535689213.2369405934

    13.868761441612.97206946589.670648192414.652321599513.3831314502

    14.11666679513.19559471979.670648192414.892546722613.4084038629

    14.358486069613.2196266439.670648192415.108545568113.4163660953

    14.548321435713.23694059349.670648192415.163711589713.4163660953

    14.64317443213.383131450210.242823529415.343627898514.0620189883

    14.730051095313.408403862910.242823529415.890380460814.0879003049

    14.906924642913.416366095310.242823529416.278749499314.4974225697

    15.323551793513.416366095310.242823529416.364255225814.9157447261

    15.328582596414.062018988310.242823529416.424006235814.9468525889

    15.608534545814.087900304910.358727947316.424006235815.0650816775

    15.855287201114.268505159310.463351351416.671397016815.4093484655

    15.892736185414.497422569710.463351351417.348479560215.6205698039

    16.440855534514.536192300310.463351351417.65202095515.6483430493

    16.597131165614.905936888610.521081081118.938776714715.6526308735

    16.675809083714.915744726110.557667227719.050059833517.1970225438

    17.213621920314.946852588910.932444073419.083253232417.3507783009

    17.213621920315.065081677511.200943446819.45186819717.4163699233

    17.82222650215.243975892811.200943446819.585101859917.558491724

    18.195160061315.409348465511.200943446819.600258888917.9912452886

    18.823498460315.620569803911.200943446819.856960199319.6989499295

    19.455951001915.648343049311.200943446820.58328604719.7933920795

    19.604372839917.061988279111.237030741121.596500670321.4027577389

    20.247715236517.197022543811.423390290322.142035336621.8042884505

    20.349646729217.350778300912.16515837123.581334366422.0663079429

    20.48902963817.416369923312.16515837124.348803978522.3589053328

    20.504886222219.180571865612.16515837127.570338043322.8659638392

    21.575355315119.565331184112.232277526428.097363000925.3686364301

    24.165037243619.698949929512.232277526429.686543463725.5695680224

    24.185104220822.066307942912.403213726431.90894415225.5929824187

    24.792739923925.157880044212.403213726431.965218358625.6676971228

    26.723101307125.368636430112.403213726435.607545477526.2551603995

    28.698128986225.470100891713.10859807835.752480351527.4227367193

    29.256933884125.569568022413.439448579835.768641054728.3050958048

    30.584321995925.667697122813.746947368436.66730591728.6669584123

    31.641423531226.255160399513.746947368437.679560299128.7708577984

    31.864960781527.016427965613.746947368437.882887064929.1189316752

    32.048284210827.422736719313.746947368438.446314687129.3479967762

    32.448716749828.305095804813.813882405539.782016846230.2850441172

    32.704013852328.666958412314.974963978740.164031945131.4795714735

    32.722923306528.861118061914.974963978740.456575930533.7099081229

    33.058951086829.118931675214.974963978741.611189021634.8141831356

    33.058951086829.33631370814.974963978742.259453640935.4996066133

    33.980378060129.932775902515.057585750142.485032120335.7583660666

    34.355706585230.285044117215.057585750143.780000286636.9447880718

    35.145612147231.336536817715.48571260943.784424027537.7368200664

    35.685559153531.479571473516.977260018645.867269145738.2051513376

    36.075026196731.628706200217.871993523245.946596327338.5350846253

    36.760001667732.261122049418.030553116846.323300688538.6810246099

    37.981370856532.355333123818.030553116846.83280766838.8959900752

    38.385415158633.709908122918.030553116846.97137240638.8959900752

    39.052983777234.705211512918.109168283747.313728160940.5246419484

    39.416559586134.705211512918.203977994147.313728160941.3714481122

    40.178104132834.765095355618.424900057147.37925695441.7573506075

    40.799061272834.814183135618.424900057147.585008100342.2990294534

    40.854949356835.499606613318.526556253648.584266969642.5061282068

    40.865905843235.758366066618.526556253648.779855037543.0377024881

    41.233904903835.959515937618.691072595749.062525425643.2008214833

    42.120713785136.050841287719.016671620149.413498744643.2916770929

    42.419004639336.801467373919.139608574149.969063455243.953183124

    44.129068606836.944788071819.139608574149.969063455244.004470562

    44.13738804438.535084625319.139608574150.532260139244.2925004309

    45.589099754238.681024609919.453191382751.317067530544.8991638537

    46.509207710938.895990075219.560520998651.322830978145.2090199505

    46.595340113138.895990075219.845302897351.492773604747.0048052265

    47.31167520639.442532117119.845302897352.454736047547.4430593003

    47.749245221539.871671197220.879019536552.498639799347.7324233756

    48.391435470140.5228956520.879019536552.707355332347.9100020583

    49.123417165741.055001755320.879019536556.172822010948.3916830741

    49.409766947441.127916888620.879019536556.973825350648.5329996856

    49.600059913341.371448112220.994215912357.328571765452.0578172694

    49.864829936141.42557326920.994215912358.135667526452.0578172694

    50.461105763741.757350607521.065983224659.59629001952.1476430334

    50.461105763742.299029453421.448427487559.638634690253.9392739064

    51.828203752542.506128206821.582729259760.898001453854.0762619315

    51.841969153142.696956376721.618454051161.359028057954.2511677244

    52.845491084743.037702488121.618454051161.680654312655.2022010609

    53.277627205743.200821483321.618454051163.853717642355.6043670958

    53.756670077243.95318312421.618454051164.002295456356.3444780271

    54.422806698444.292500430921.618454051164.671929708556.5896308227

    56.384903073645.209019950521.941117544467.042106500659.1637981757

    58.298497916247.732423375622.116420923467.769761766459.8075067958

    58.355159332447.910002058322.543309968769.574100146660.784343475

    59.401606892249.196952629524.083655012870.999937967261.582502633

    59.821296420150.114448251324.306905921171.346343158461.6918753329

    60.284657091650.752674284324.799436294971.68200325262.1383599035

    61.913530252452.721524126924.799436294973.405179913664.045434565

    64.105152058252.794068787424.799436294973.700923742964.0513164178

    64.523415063852.832350293224.799436294979.047789877964.0534806967

    65.267327401754.251167724424.86159809179.343640387769.407224677

    66.704697528854.489476818724.929711753479.514061230769.5001004257

    67.589389002755.604367095824.992874587679.615850353270.6491954774

    68.759009600756.344478027125.311013220180.002129073771.0254664308

    73.487172749656.589630822725.392578436180.509337902571.093299498

    73.691555335161.860838996525.829132262586.396300637573.7954289443

    74.603384033664.051316417825.888799393288.40467717874.7198602662

    79.496437410664.053480696728.679887446389.026680930775.1716723769

    79.977628913564.178338816328.916539934389.083875717276.1290114265

    80.287937223366.849213600629.472638283298.918211684879.0822861904

    80.377209302967.363039076729.635248462899.665286145979.1911031811

    80.79514605269.40722467730.4944899163100.950737977479.2271144527

    81.977572791969.500100425730.5746858075102.284539529679.2485254397

    82.048137899770.649195477430.6105420983103.685706796879.885679832

    83.315686729471.025466430831.1152802056104.478257091481.3473507523

    84.275402786671.09329949832.5675767686108.701763674981.7342152281

    84.275402786672.783245578233.3816659245108.759053395192.7912584947

    89.36280207374.719860266233.5658434874111.975994882493.2715386791

    89.465016258675.314609319233.844766043116.396455730993.5241181752

    89.476269388379.227114452735.9307149768118.71055977196.2675082245

    90.302954836779.88567983237.5152941176118.9950551648100.2738204009

    93.150726800480.260894034337.6153995138121.1894091925101.044558615

    95.901562996581.347350752337.666667297122.0414082923109.1748683672

    96.405690318881.718189243739.2184698857123.5081096751112.9719139788

    100.158353194882.077883056139.2314553123124.8839134035120.3913410515

    101.133828811382.077883056139.6570983977124.8839134035122.5772838655

    101.331878518883.925386783941.6059748285127.2827920009123.1168245842

    104.872715817286.836065979942.6624889199131.07088327123.1168245842

    104.955327696388.869164777944.2392584497133.556751725125.8880801759

    107.619875154793.142729368844.5778191985134.1336266457130.2540989699

    109.112168292993.271538679148.2496671383138.347645376133.3037471668

    109.668865574693.524118175248.2533649445138.3636319877138.9563651754

    109.941146695896.217547572449.1799183772142.1121951662139.7140940532

    112.675844850498.980923066650.3452368079143.198468922144.3263213586

    115.477478039299.62761153450.682626949147.4711685919148.4713846

    119.3059574641100.931233046851.0818439118160.8226252693149.441417301

    120.63754496107.346184768552.5050250882162.7623929834151.3968495703

    127.8546430847109.429133531354.4369787421163.8495487783161.0192771528

    131.8731877804120.59332333455.3718249041169.9153992376163.8666827234

    132.7602366587124.896010170661.6570875279170.4609219836164.143700297

    137.2415680951125.255771096565.3435778911180.2756847527180.8899850011

    139.1513451659126.536904318668.4138209458197.7837360498187.3440152559

    139.5045979822136.915000027172.2802461465204.1954505059187.8836566447

    146.3367828811138.956365175472.8507879545208.0608869885189.8053564779

    153.8797812334152.117719060480.3280263035210.0617363311196.8133560227

    161.13378468160.317143797780.6357263447216.7498792464204.3988672627

    169.6820079625163.866682723484.2336899865227.5464077728205.3725000407

    170.3218248778167.485607880585.6343521214232.9237350118228.1765785906

    173.4925788252172.8774226134103.6506431585240.6013903306240.4757156966

    177.2802899264176.0467736127105.3052070031253.3961063599251.2284118208

    181.7815429634176.6827424556117.3980798572258.3532717846259.3161339201

    210.4544397457182.4628714392118.2657069071264.6507154303264.070160419

    211.8715660097196.8133560227139.4677909464270.2135920425265.0241136834

    218.1690684506204.3988672627142.0469474591305.4403982138273.6943071588

    226.4549403589208.0576554451143.3137812568316.5376295551312.0864831676

    232.9130833895210.1692638319156.3437726899326.0227006428315.2538957479

    233.3403718434216.7807319291158.1396661751337.4772533679325.1710978937

    233.5221010676241.8294227397183.8300890421348.0555378496362.7441341096

    305.7903328978250.9082930826270.6294371172348.9360487422376.3624396239

    309.657385163279.2299238146305.3178615932463.7877862006418.8448857219

    433.608182633391.0113496492347.1392149896578.6203620219426.3402106207

    579.4507014388426.3402106207475.1624747708649.4222696996586.5170244737

    MPAP 0%

    MPAP 5%

    MPAP 12%

    MPAP PLUS 5%

    MPAP PLUS 12%

    MPAP Plus 5%

    MPAP Plus 12%

    MPAP 0%

    MPAP 5%

    MPAP 12%

    Thousand tons

    $

    Figure 6.2. Sensitivity Analysis of MC of Carbon in Costa Rica

    Plots

    MPAP Plus 5%MPAP Plus 12%PAPMPAP 5%MPAP 12%

    MTM Carbono$MTM Carbono$MTM Carbono$MTM Carbono$MTM Carbono$

    39282601009010002000300040005000600070008000

    71029371110105010002000300040005000600070008000

    710210178111010

    13112104781121610

    131117109782121610

    131117109783122411

    50281219109783123411

    50281227119783123611

    5029123811277823133611

    5029123911277827133611

    5030133911277929134111

    5030134011279930134211

    5034134511279931134212

    5036134511279931139912

    643413451228091421310013

    64541322271228191441410013

    645414222912287101471410013

    645514228612328101471410013

    645614228613348101591510013

    666714228613366101721510113

    677714289413386101941510113

    677814289413388101941510413

    679815289513397102021511213

    680215289513401102051511314

    681415289513662104281611414

    685415289813665104311611414

    685415290613665104401611515

    686715290714680104461611815

    688916290914681104591612015

    6922162924148561038021712515

    6930162924149391038021712616

    7153163009159391038021812616

    71621730261510051138021912716

    71621730271510121147341922017

    71681730301512111147361922017

    71811730321512121147371922317

    718218304115121211474220167818

    718218304615121311474320167918

    720719304616121311474620168720

    720719304616122911488621209220

    721020304617124911490022210321

    721320313917125311492722215922

    721320313917125312494924216422

    721820314317127212495024217522

    721921315419127212496728218123

    721922315420127512497928218925

    735024316120127512498530219326

    735324316622127712498532219326

    735325321925127712502432220626

    818827322825127712503136229626

    820029322925128213511936231327

    821929323226229913512036231328

    822531324526231014512037231429

    822932333626231014513438232129

    823932333627235614513538247729

    824132335227235614569138247729

    824632335328600514571140247730

    828533335329605815584740247731

    831533369329606315584840249334

    831533384929609315584942249735

    831633385829609615585042249835

    832834386030610115586242250836

    833434386030612615586244250837

    833435387431613515588744254438

    836436387431614617588746254438

    837136387832618118588946254539

    837137388032619118589246256639

    838538388132620018591147256639

    838538389734621918591247256739

    839739389735622118591247256741

    847639389735622118591247256741

    849540391035622118591647256742

    849641391435622118592348256742

    849641391535622119614249256843

    863341392536623119615049256943

    863441392536623219616649256943

    863542392736623719616649279743

    863642393237623919616750284144

    866044393337626119616750284744

    866044393339628319617251284744

    869046395439628619617251284945

    869247395539630120617251285145

    869647395539630420617851286047

    869747398939647920621552286347

    870148398940648021623552293848

    870448399041648521623553293848

    892349400441648821623656293948

    894849400441649721624357294049

    894850400441649721629657294052

    896550400941651921629658294052

    896550400942654721629660294952

    896650400942654721629860294954

    896652401043655622629961295154

    897252401243656122630061296054

    900953401343656122630062296355

    901253401443656222643464299156

    902654405844656222643864299156

    907454405844656322650965299457

    907556406145656322651067301659

    910258413648657122653068301660

    910258413648665123653270301761

    910359413849667424653571302662

    910360413950667624653871302662

    910560416251676925655472302962

    910662417453677425660473303164

    923964418553703325662074303164

    924365418653703525662979303164

    931565419554703825663079303169

    932567420154703925666280303270

    932568422856704125666480305871

    937169422956704325672080306071

    937173423157704425672081306071

    942074425362706226673886306174

    943675425364706226673988306175

    945979425364706329673989306275

    945980425364706629674389307776

    951580425767706629674999308579

    9516804257677111306762100309279

    9516814258697211306762101309979

    9519824258707251316792102310079

    9532824285717265316792104310280

    9580834286717903316793104310881

    9589844286717919336793109311282

    9591844287737923336793109312693

    9591894287758017346796112313593

    9595894309758017346811116313694

    9597894316798017366815119313696

    96079043188080183868151193139100

    96099343248080843868241213139101

    96109643308180853868261223139109

    96189643318280923968581243154113

    963010043348281103968641253158120

    963110143358281104068651253159123

    963110143458481194268731273159123

    963210543498781384368891313162123

    963210543508981794468901343168126

    963210843519381804568971343171130

    963210943609381814868981383171133

    967511043619481844869001383178139

    974211043619681974969001423178140

    974511343819981975069051433179144

    9747115438110082125169061473192148

    9751119438410182125169061613192149

    9751121438510782185369341633194151

    9759128441310982185469791643194161

    9775132441412182195569921703209164

    9866133441612582236269931703228164

    9871137441612582236569931803228181

    9872139443812782446870541983230187

    9919140447513782457270572043230188

    9971146448113982467370882083244190

    9972154450315282478071152103250197

    10016161450316082778171502173251204

    10017170451716482908471512283276205

    10029170453516783088671622333290228

    100401734540173831110471922413290240

    100421774541176831110571922533302251

    100531824546177833311771992583305259

    100802104546182833311872002653306264

    100802124551197835213972082703309265

    100812184553204835314272103053309274

    100862264553208835814372103173309312

    100862334553210836015672113263309315

    100972334555217836015872143373311325

    100972344555242836118472143483311363

    101003064555251836627172143493311376

    101193104565279836630572274643317419

    101234344567391838634772285793318426

    101245794567426838947572316493319587

    Plots

    0000000000000

    0000000000000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

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    MPAP Plus 5%

    MPAP Plus 12%

    PAP

    MPAP 5%

    MPAP 12%

    1000

    2000

    3000

    4000

    5000

    6000

    7000

    8000

    Miles de Toneladas Mtricas

    $

    Costo Marginal del Carbono

    MPAP Plus 5%

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

    00000

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    00000

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    00000

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    00000

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    00000

    00000

    00000

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    00000

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    00000

    00000

    00000

    00000

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    PAP

    MPAP 5%

    MPAP 12%

    MPAP PLUS 5%

    MPAP PLUS 12%

    MPAP Plus 5%

    MPAP Plus 12%

    PAP

    MPAP 5%

    MPAP 12%

    Thousand tons

    $

    Costa Rica Sensitivity Analysis of Carbon Cost

    MPAP 5%

    Insumos para el Grfico

    Carbonocosto/ton% acumuladocar.accumulado

    342290%0%39

    3963100%0%710

    58100%0%710

    5269110%0%1311

    523110%0%1311

    53110%0%1311

    50146001250%50%502812

    408120%50%502812

    817120%50%502912

    3120%50%502912

    423130%50%503013

    880130%50%503013

    3873130%50%503413

    2107130%50%503613

    13979921314%64%643413

    19722130%64%645413

    140140%64%645414

    293140%64%645514

    1607140%64%645614

    210654142%66%666714

    110670141%67%677714

    28140%67%677814

    20943150%67%679815

    3135150%67%680215

    12368150%67%681415

    40288150%68%685415

    23150%68%685415

    12591150%68%686715

    22182160%68%688916

    33319160%68%692216

    7853160%68%693016

    223005162%71%715316

    8662170%71%716217

    375170%71%716217

    5892170%71%716817

    13097170%71%718117

    278180%71%718218

    6180%71%718218

    25813190%71%720719

    68190%71%720719

    2232200%71%721020

    3324200%71%721320

    9200%71%721320

    5332200%71%721820

    670210%71%721921

    150220%71%721922

    130967241%73%735024

    2506240%73%735324

    204250%73%735325

    835150278%81%818827

    12044290%81%820029

    18884290%81%821929

    6414310%81%822531

    3616320%81%822932

    10580320%81%823932

    1306320%81%824132

    5400320%81%824632

    39120330%82%828533

    29379330%82%831533

    68330%82%831533

    847330%82%831633

    11992340%82%832834

    6536340%82%833434

    366350%82%833435

    29745360%83%836436

    6835360%83%837136

    34370%83%837137

    13491380%83%838538

    844380%83%838538

    11420390%83%839739

    78876391%84%847639

    19310400%84%849540

    1090410%84%849641

    265410%84%849641

    136567411%85%863341

    875410%85%863441

    1257420%85%863542

    628420%85%863642

    24451440%86%866044

    20440%86%866044

    29860460%86%869046

    1903470%86%869247

    4111470%86%869647

    469470%86%869747

    4278480%86%870148

    3551480%86%870448

    218550492%88%892349

    25321490%88%894849

    180500%88%894850

    16115500%89%896550

    421500%89%896550

    908500%89%896650

    83520%89%896652

    5893520%89%897252

    37227530%89%900953

    2973530%89%901253

    13874540%89%902654

    48136540%90%907454

    782560%90%907556

    27260580%90%910258

    100580%90%910258

    553590%90%910359

    90600%90%910360

    2161600%90%910560

    597620%90%910662

    133663641%91%923964

    3729650%91%924365

    71537651%92%931565

    9989670%92%932567

    668680%92%932568

    45381690%93%937169

    62730%93%937173

    49415740%93%942074

    15776750%93%943675

    23215790%93%945979

    190800%93%945980

    55871801%94%951580

    963800%94%951680

    152810%94%951681

    2508820%94%951982

    13557820%94%953282

    47949830%95%958083

    8821840%95%958984

    1960840%95%959184

    475890%95%959189

    3565890%95%959589

    1624890%95%959789

    9939900%95%960790

    2585930%95%960993

    914960%95%961096

    7655960%95%961896

    125811000%95%9630100

    9781010%95%9631101

    391010%95%9631101

    7411050%95%9632105

    1921050%95%9632105

    691080%95%9632108

    741090%95%9632109

    425861100%96%9675110

    669761101%96%9742110

    26591130%96.2%9745113

    23541150%96%9747115

    38651190%96%9751119

    761210%96%9751121

    83591280%96.4%9759128

    158601320%97%9775132

    910791331%97%9866133

    50261370%97%9871137

    8811390%98%9872139

    464341400%98%9919140

    526231461%98%9971146

    3331540%98%9972154

    446971610%99%10016161

    2681700%99%10017170

    125581700%99%10029170

    105951730%99%10040173

    24321770%99%10042177

    110391820%99%10053182

    268772100%100%10080210

    4502120%100%10080212

    4852180%100%10081218

    46442260%100%10086226

    3532330%100%10086233

    113202330%100%10097233

    2272340%100%10097234

    20333060%100%10100306

    198043100%100%10119310

    41654340%100%10123434

    9555790%100%10124579

    10124453

    MPAP 12%

    Insumos para el Grfico

    Carbonocosto/ton%% acumuladocar.accumulado

    58100%0%010

    523110%0%111

    53110%0%111

    408120%0%112

    817120%0%212

    880120%0%312

    423120%0%312

    3120%0%312

    19722130%0%2313

    3873130%0%2713

    2107130%0%2913

    1607130%0%3013

    140130%0%3113

    293130%0%3113

    110670132%2%14213

    2282140%2%14414

    3135140%2%14714

    28140%2%14714

    12368150%2%15915

    12591150%2%17215

    22182150%3%19415

    23150%3%19415

    7853150%3%20215

    2642150%3%20515

    223005163%6%42816

    3513160%6%43116

    8662160%6%44016

    5892160%6%44616

    13097160%6%45916

    33430671746%53%380217

    278170%53%380217

    6180%53%380218

    68190%53%380219

    9319951913%65%473419

    2232190%66%473619

    9190%66%473719

    5332200%66%474220

    670200%66%474320

    3324200%66%474620

    140436212%68%488621

    13962220%68%490022

    26858220%68%492722

    22213240%68%494924

    250240%68%495024

    17208280%69%496728

    12044280%69%497928

    6414300%69%498530

    100320%69%498532

    39120321%69%502432

    6835360%70%503136

    87311361%71%511936

    1671360%71%512036

    136370%71%512037

    13491380%71%513438

    844380%71%513538

    556767388%79%569138

    19310400%79%571140

    136567402%81%584740

    265400%81%584840

    1257420%81%584942

    628420%81%585042

    12589420%81%586242

    20440%81%586244

    24451440%81%588744

    870460%81%588746

    1903460%81%588946

    2410460%81%589246

    19586470%82%591147

    469470%82%591247

    565470%82%591247

    45470%82%591247

    3600470%82%591647

    7053480%82%592348

    218550493%85%614249

    7995490%85%615049

    16115490%85%616649

    180490%85%616649

    908500%85%616750

    421500%85%616750

    4357510%85%617251

    244510%85%617251

    83510%85%617251

    5893510%85%617851

    37227521%86%621552

    19830520%86%623552

    23530%86%623553

    782560%86%623656

    7613570%86%624357

    52584571%87%629657

    100580%87%629658

    90600%87%629660

    2161600%87%629860

    727610%87%629961

    583610%87%630061

    597620%87%630062

    133663642%89%643464

    3729640%89%643864

    71537651%90%650965

    668670%90%651067

    19907680%90%653068

    2740700%90%653270

    2367710%90%653571

    2852710%90%653871

    16881720%91%655472

    49415731%91%660473

    15776740%92%662074

    9249790%92%662979

    963790%92%663079

    32090800%92%666280

    1982800%92%666480

    55871801%93%672080

    152810%93%672081

    18174860%93%673886

    368880%93%673988

    475890%93%673989

    3565890%93%674389

    6659990%93%674999

    125811000%94%6762100

    391010%94%6762101

    302541020%94%6792102

    1921040%94%6792104

    7411040%94%6793104

    741090%94%6793109

    421090%94%6793109

    26591120%94%6796112

    154761160%94%6811116

    38651190%94%6815119

    1261190%94%6815119

    90381210%94%6824121

    16721220%94%6826122

    319661240%95%6858124

    58811250%95%6864125

    13071250%95%6865125

    83591270%95%6873127

    158601310%95%6889131

    10831340%95%6890134

    66261340%95%6897134

    8811380%95%6898138

    17231380%95%6900138

    6091420%95%6900142

    51041430%95.5%6905143

    6521470%96%6906147

    461610%96%6906161

    283911630%96%6934163

    446501641%96.5%6979164

    125581700%97%6992170

    15691700%97%6993170

    511800%97%6993180

    607191981%98%7054198

    33512040%98%7057204

    309562080%98%7088208

    268772100%98%7115210

    350822170%99%7150217

    2222280%99%7151228

    113202330%99%7162233

    297982410%99%7192241

    1792530%99%7192253

    70632580%100%7199258

    16212650%100%7200265

    73592700%100%7208270

    20333050%100%7210305

    3003170%100%7210317

    3233260%100%7211326

    30963370%100%7214337

    2353480%100%7214348

    1513490%100%7214349

    132034640%100%7227464

    9555790%100%7228579

    27776490%100%7231649

    7230924

    MPAP Plus 12%

    Insumos para el Grfico

    Carbonocosto/ton%% acumuladocar.accumuladoTablexx. Marginal Cost of the MPAP

    290%0%09% CumulativeTotal CarbonMarginal Cost

    27100%0%0100%2.00$9.26

    235100%0%0104%120.29$15.07

    15308100%0%16107%223.35$17.42

    241100%0%161051%1,677.81$17.56

    7898110%1%241151%1,679.18$17.99

    10521110%1%341151%1,686.70$19.70

    1857110%1%361163%2,092.18$19.79

    73110%1%361163%2,102.59$21.40

    151110%1%361175%2,477.01$30.29

    4955110%1%411177%2,566.87$40.52

    855110%1%421189%2,939.87$48.53

    22120%1%421289%2,939.89$52.06

    56441122%3%991291%3,016.39$59.81

    1069130%3%1001391%3,016.70$60.78

    13130%3%1001392%3,058.16$70.65

    165130%3%1001395%3,138.83$100.27

    158130%3%1001396%3,170.87$130.25

    341130%3%1001396%3,194.12$151.40

    366130%3%1011396%3,194.38$161.02

    4130%3%1011397%3,208.80$163.87

    3352130%3%1041397%3,227.66$164.14

    7451130%3%1121397%3,228.30$180.89

    1498140%3%1131497%3,229.86$187.34

    1342140%3%1141498%3,251.09$204.40

    10140%3%11414100%3,309.35$312.09

    787150%3%11515100%3,317.10$418.84

    3234150%4%11815100%3,318.93$586.52

    1912150%4%12015

    5007150%4%12515

    389160%4%12616

    37160%4%12616

    1116160%4%12716

    92997173%7%22017

    4170%7%22017

    3507170%7%22317

    14544601844%51%167818

    1370180%51%167918

    7525200%51%168720

    4054812012%63%209220

    10407210%63%210321

    56654222%65%215922

    4740220%65%216422

    11345220%66%217522

    5632230%66%218123

    8510250%66%218925

    3328260%66%219326

    106260%66%219326

    12768260%66%220626

    90698263%69%229626

    16574270%70%231327

    486280%70%231328

    131290%70%231429

    7269290%70%232129

    155982295%75%247729

    47290%75%247729

    151300%75%247730

    12310%75%247731

    16314340%75%249334

    3691350%75%249735

    1056350%75%249835

    9575360%76%250836

    253370%76%250837

    35612381%77%254438

    674380%77%254438

    479390%77%254539

    21410391%77%256639

    231390%77%256639

    498390%77%256739

    53410%77%256741

    44410%77%256741

    58420%77%256742

    264420%77%256742

    528430%77%256843

    1280430%77%256943

    440430%77%256943

    227092437%84%279743

    44827441%86%284144

    5465440%86%284744

    51440%86%284744

    1687450%86%284945

    2243450%86%285145

    9069470%86%286047

    2979470%86%286347

    75207482%89%293848

    371480%89%293848

    1018480%89%293948

    382490%89%294049

    19520%89%294052

    239520%89%294052

    8710520%89%294952

    103540%89%294954

    1777540%89%295154

    9193540%89%296054

    3261550%89%296355

    27436561%90%299156

    583560%90%299156

    2363570%90%299457

    22827591%91%301659

    9600%91%301660

    307610%91%301761

    9326620%91%302662

    246620%91%302662

    3105620%91%302962

    1336640%91%303164

    26640%91%303164

    242640%91%303164

    469690%91%303169

    123700%91%303270

    26587711%92%305871

    1773710%92%306071

    72710%92%306071

    1000740%92%306174

    46750%92%306175

    1068750%92%306275

    14859760%93%307776

    8514790%93%308579

    6885790%93%309279

    6672790%93%309979

    837790%93%310079

    2422800%93%310280

    5508810%94%310881

    3907820%94%311282

    14174930%94%312693

    9423930%94%313593

    551940%94%313694

    144960%94%313696

    28131000%95%3139100

    191010%95%3139101

    581090%95%3139109

    149761130%95%3154113

    39321200%95%3158120

    7061230%95%3159123

    5681230%95%3159123

    25591230%95%3162123

    63121260%95%3168126

    29101300%96%3171130

    4571330%96%3171133

    64351390%96%3178139

    7281400%96%3178140

    221440%95.8%3179144

    133011480%96%3192148

    2491490%96%3192149

    20591510%96%3194151

    2661610%96.2%3194161

    144201640%97%3209164

    188601641%97%3228164

    6401810%97%3228181

    15521870%97%3230187

    201880%97%3230188

    143341900%98%3244190

    56061970%98%3250197

    12702040%98%3251204

    247662051%99%3276205

    143092280%99%3290228

    912400%99%3290240

    120212510%99%3302251

    29832590%100%3305259

    6852640%100%3306264

    31952650%100%3309265

    702740%100%3309274

    1423120%100%3309312

    1273150%100%3309315

    13603250%100%3311325

    953630%100%3311363

    593760%100%3311376

    61134190%100%3317419

    5424260%100%3318426

    12865870%100%3319587

    3318929100%

    MPAP Plus 12%

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    0

    Marginal Cost of Carbon

    Thousand Tons

    $

    Costa Rica Modified Protected Areas Project

    PAP

    Insumos para el Grfico

    Carbonocosto/ton% acumuladocar.accumulado

    160380%0%28

    290%0%29

    27100%0%210

    235100%0%210

    15308100%0%1710

    241100%0%1710

    1674100%0%1910

    7898110%1%2711

    10521110%1%3811

    1857110%1%3911

    73110%1%3911

    151110%1%4011

    4955110%1%4511

    855110%1%4511

    22120%1%4512

    21816911248%49%222712

    2054120%49%222912

    56441121%50%228612

    13130%50%228613

    165130%50%228613

    6082211313%63%289413

    158130%63%289413

    341130%63%289513

    366130%63%289513

    4130%63%289513

    3352130%63%289813

    7451130%64%290613

    1498140%64%290714

    1342140%64%290914

    15610140%64%292414

    10140%64%292414

    84981152%66%300915

    17017150%66%302615

    787150%66%302715

    3234150%66%303015

    1912150%66%303215

    8449150%67%304115

    5007150%67%304615

    389160%67%304616

    37160%67%304616

    158170%67%304617

    92997172%69%313917

    4170%69%313917

    3507170%69%314317

    10903190%69%315419

    70200%69%315420

    7525200%69%316120

    4740220%69%316622

    53418251%70%321925

    8510250%71%322825

    1011250%71%322925

    3328260%71%323226

    12768260%71%324526

    90698262%73%333626

    80270%73%333627

    16574270%73%335227

    486280%73%335328

    131290%73%335329

    340638297%81%369329

    155982293%84%384929

    8198290%84%385829

    2530300%85%386030

    151300%85%386030

    13604310%85%387431

    12310%85%387431

    4469320%85%387832

    1527320%85%388032

    573320%85%388132

    16314340%85%389734

    358350%85%389735

    29350%85%389735

    13064350%86%391035

    3691350%86%391435

    1056350%86%391535

    9575360%86%392536

    155360%86%392536

    2666360%86%392736

    4891370%86%393237

    253370%86%393337

    479390%86%393339

    21410390%87%395439

    231390%87%395539

    498390%87%395539

    34240391%87%398939

    14400%87%398940

    460410%87%399041

    13989410%88%400441

    370410%88%400441

    44410%88%400441

    4658410%88%400941

    58420%88%400942

    264420%88%400942

    528430%88%401043

    2004430%88%401243

    1280430%88%401343

    440430%88%401443

    44827441%89%405844

    51440%89%405844

    2243450%89%406145

    75207482%91%413648

    371480%91%413648

    1500490%91%413849

    1603500%91%413950

    22289510%91%416251

    12771530%91%417453

    10328530%92%418553

    1256530%92%418653

    9193540%92%419554

    5860540%92%420154

    27436561%93%422856

    583560%93%422956

    2363570%93%423157

    21261620%93%425362

    26640%93%425364

    242640%93%425364

    215640%93%425364

    4219670%93%425767

    29670%93%425767

    469690%93%425869

    123700%93%425870

    26587711%94%428571

    1773710%94%428671

    72710%94%428671

    88730%94%428773

    46750%94%428775

    22464750%94%430975

    6672790%94%431679

    2422800%95%431880

    5898800%95%432480

    5508810%95%433081

    1059820%95%433182

    3838820%95%433482

    853820%95%433582

    9469840%95%434584

    4365870%95%434987

    686890%95%435089

    1092930%95%435193

    9423930%95%436093

    551940%95%436194

    32960%95%436196

    19952990%95.9%438199

    3731000%96%4381100

    30881010%96%4384101

    3991070%96%4385107

    282901091%96.6%4413109

    9601210%97%4414121

    23271250%97%4416125

    311250%97%4416125

    215011270%97%4438127

    371491371%98%4475137

    64351390%98%4481139

    214641520%99%4503152

    1361600%99%4503160

    144201640%99%4517164

    180321670%99%4535167

    44751730%99%4540173

    10271760%99%4541176

    47921770%100%4546177

    1041820%100%4546182

    56061970%100%4551197

    12702040%100%4553204

    2132080%100%4553208

    1902100%100%4553210

    20402170%100%4555217

    1422420%100%4555242

    882510%100%4555251

    91702790%100%4565279

    19293910%100%4567391

    5424260%100%4567426

    4567070

    Insumos para el Grfico

    Carbonocosto/ton% acumuladocar.accumulado

    247860%0%26

    95570%0%37

    1310280%0%178

    3034480%1%478

    4989181%1%978

    480%1%978

    22580%1%978

    46880%1%978

    17913782%3%2778

    4780%3%2778

    78590%3%2779

    154890%3%2799

    6790%3%2799

    6690%3%2799

    54190%3%2809

    100290%3%2819

    6033100%3%28710

    41206100%4%32810

    19925100%4%34810

    18414100%4%36610

    19474100%5%38610

    2778100%5%38810

    8034100%5%39710

    4793100%5%40110

    260862103%8%66210

    2673100%8%66510

    566100%8%66510

    14790100%8%68010

    385100%8%68110

    175138102%10%85610

    83215101%11%93910

    226100%11%93910

    65450111%12%100511

    7206110%12%101211

    199369112%14%121111

    1045110%14%121211

    128110%14%121211

    212110%14%121311

    138110%14%121311

    16546110%15%122911

    19821110%15%124911

    3681110%15%125311

    715120%15%125312

    18250120%15%127212

    631120%15%127212

    2839120%15%127512

    28120%15%127512

    1361120%15%127712

    630120%15%127712

    128120%15%127712

    4706130%15%128213

    10172611312%27%229913

    10358140%28%231014

    714140%28%231014

    45761141%28%235614

    25140%28%235614

    36489171443%72%600514

    52967151%72%605815

    4729150%72%606315

    30685150%73%609315

    3008150%73%609615

    4364150%73%610115

    24717150%73%612615

    9666150%73%613515

    10630170%73%614617

    34910180%74%618118

    10433180%74%619118

    8479180%74%620018

    18847180%74%621918

    2249180%74%622118

    395180%74%622118

    105180%74%622118

    13180%74%622118

    9190%74%622119

    10082190%74%623119

    1084190%74%623219

    4993190%74%623719

    1362190%74%623919

    22197190%75%626119

    21845190%75%628319

    3314190%75%628619

    14914200%75%630120

    3392200%75%630420

    174682202%77%647920

    937210%77%648021

    5075210%77%648521

    3038210%77%648821

    8344210%77%649721

    847210%77%649721

    22000210%78%651921

    27267210%78%654721

    234210%78%654721

    9492220%78%655622

    4437220%78%656122

    245220%78%656122

    954220%78%656222

    48220%78%656222

    522220%78%656322

    98220%78%656322

    8725220%78%657122

    79428231%79%665123

    22920240%80%667424

    1736240%80%667624

    93651251%81%676925

    5060250%81%677425

    259079253%84%703325

    1295250%84%703525

    3391250%84%703825

    619250%84%703925

    2011250%84%704125

    2372250%84%704325

    1230250%84%704425

    17369260%84%706226

    294260%84%706226

    633290%84%706329

    3066290%84%706629

    60290%84%706629

    44951301%85%711130

    100064301%86%721130

    40449310%86%725131

    13509310%87%726531

    638090318%94%790331

    16349330%94%791933

    4179330%94%792333

    93419341%96%801734

    72340%96%801734

    166360%96%801736

    1030380%96%801838

    66487381%96%808438

    495380%96%808538

    6928390%96%809239

    17737390%97%811039

    592400%97%811040

    9163420%97%811942

    18764430%97%813843

    40724440%97%817944

    1169450%98%818045

    667480%98%818148

    3012480%98%818448

    13549490%98%819749

    67500%97.7%819750

    14329510%98%821251

    618510%98%821251

    6021530%98%821853

    55540%98.0%821854

    260550%98%821955

    4408620%98%822362

    334650%98%822365

    20592680%98%824468

    773720%98%824572

    1425730%98%824673

    747800%98%824780

    30515810%99%827781

    12370840%99%829084

    18625860%99%830886

    24501040%99%8311104

    2561050%99%8311105

    217571170%99%8333117

    271180%99%8333118

    193241390%100%8352139

    4441420%100%8353142

    53791430%100%8358143

    15791560%100%8360156

    131580%100%8360158

    17971840%100%8361184

    47942710%100%8366271

    923050%100%8366305

    200233470%100%8386347

    28024750%100%8389475

    8389081

    Sheet1

    Perspectives0-1 mill.1 mill.2 mill.3 mill.4 mill.5 mill.6 mill.8 mill.

    TonsTonsTonsTonsTonsTonsTonsTons

    Ecologists (PAP)$6$11$13$14$14$14$14$31

    Policy Maker 5%$10$16$17$17$19$23$48

    Policy Maker 12%$10$18$20$48

    Note * : We called Policy Maker or Government Perspective the scenario including only the carbon from

    trees, assuming that all land parcels have to be acquired by the state to be fully protected.

    Sheet2

    Sheet3

    MBD000E6E5F.doc

    Perspectives

    0-1 mill. Tons

    1 mill. Tons

    2 mill. Tons

    3 mill. Tons

    4 mill. Tons

    5 mill. Tons

    6 mill. Tons

    8 mill. Tons

    Ecologists perspective (PAP)

    $6

    11

    13

    14

    14

    14

    14

    31

    Policy Maker perspective 5%

    $10

    16

    17

    17

    19

    23

    48

    Policy Maker Perspective 12%

    $10

    18

    20

    48

  • Normalized Analysis of Carbon Cost of Regions in the US and Costa RicaRef: Castro Salazar, 1999

    Chart1

    101010

    202020

    303030

    404040

    505050

    757575

    100100100

    200200200

    300300300

    USA Delta Regions Stavins (1998)

    USA, Richards (1997)

    Costa Rica

    % of Carbon Tons Available

    $/ton

    Sheet1

    Costo Marginal de la Produccin de Carbono en 40 aosTable 6. Simulated Annual Carbon Supply by Price in Regions and Projects in Costa Rica, USA and Europe

    (Cifras en $)$/ thousand tons$0$10$20$30$40$50$75$100$200$300Extreme Values

    1 milln TMC2 millones3 millones4 millones5 millones6 millones7 millones8 millonesCountry/regionDescriptionin (0000) tons$/ton

    PAP11.0013.0014.0014141425311-Costa Rica

    MPAP 5%16.0017.0017.00192348a-MPAP plus (1999)Forest and bottom-up100462526542572616645646647648$579

    MPAP 12%18.0020.0048.00% available for sale a each price15%71%81%84%88%95%100%100%100%100%

    MPAP Plus 5%11.0011.0011.001212131626b-PAP (1998)Forest and bottom-up100300312400

    MPAP Plus 12%12.0012.0015.0040% available for sale a each price25%75%78%100%

    2-USA

    a-Stavins Delta states(1998)Forest and bottom-up9972,0323,1034,2075,3458,7839,23811,02011,63812,610.71$739

    Costo Marginal de la Produccin de Carbono por ao% available for sale a each price8%16%25%33%42%70%73%87%92%100%

    Cifras en $b-Richards (1997)Forest and bottom-up100,000200,000300,000317,500335,000400,000425,000450,000450,000450,000$160

    100 mil TMC200 mil300 mil400 mil500 mil% available for sale a each price22%44%67%71%74%89%94%100%100%100%

    PAP14.0014.0014.0038c- Wisconsin (1995)Energy and bottom-up1,3491,4462,7857,6188,62412,72913,11414,65214,73015,202$939

    MPAP16.0017.0019.0051% available for sale a each price4%9%10%18%50%57%84%86%96%97%100%

    MPAP Plus12.0012.0012.0013663Europe

    Table #2 Stavins in metric units

    Marginal CostsforestationAverage CostsAnnual carbonMarginal costsAverage costs

    per hectarerelative to baselineper hectaresequestrationof carbonof carbonSequetrationInterpolacion

    ($/ha/yr)(1,000 ha)($/ha/yr)(1,ooo m ton/yr)($/Mton($/Mton)million tons/year

    0.00.00.00.00.00.00.0Preciothousand tonNote: As expalin in Chapter VI most recent studies show features of both bottom-up

    25518.0024.77711.43771interpo$10997and top-down. In this selective comparison only I included only studies that show the marginal cost curve,

    501,057.0037.401,451.9115111interpo$202,032or a series os estimates rather than single point estimates. The idea here is to compare studies

    741,615.0050.162,218.6922152interpo$303,103over the base of a cost per ton produce at different levels

    992,192.0063.043,011.8029193interpo$404,207

    1242,787.0076.023,828.4936224interpo$505,345Note a: The MPAP carbon offsets were annualized

    1493,398.0089.074,668.7844265Note b: adapted from Stavins (1998) all values converted to metric units and certain values were interpolated from his results in Table 2, p.16, to prices rounded to multiples of ten.

    1733,893.00102.235,349.3651305Note c: Adapted from Richards 1997, the $10 per ton is observed from Figure 3. P.17,

    1984,224.00115.435,803.0958346All other values from Table 3, p.25

    2234,455.00128.686,120.6966386Note d: Adapted from CEC (1993), all values converted to US 1996 dollars, Co2 converted to carbo with C=3.72CO2 tons, and assumed tha each country provides carbon offsets domestically to reach the stabilization level and then at increasing prices addition

    2484,653.00141.986,392.9273426original$756,393

    4956,579.00261.659,039.02150779interpo$1008,783

    7437,484.00319.9010,283.122239410interpo$2009,238

    9917,897.00352.3510,850.2729510411interpo$30011,020

    1,2398,221.00386.3611,283.1236811411

    1,4868,470.00419.1611,637.9344112312original$40011,638Table 7. Satbilization Scenario to 1990 Level Intertemporal Comparison of Carbon Cost reduction from various Studies from Costa Rica, USA and Europe

    1,7348,689.00452.6511,938.2951413312Year2000201020202030

    1,9828,874.00484.8012,193.2858614212Country/studyDescription

    2,2299,038.00515.7412,418.33659152121-Costa RicaForest and bottom-up

    2,4779,178.00543.7812,610.7173216013original$73212,610MPAP

    2-USA

    a-Rosenthal (1993)Hybrid

    Table 3. USA Marginal Cost of Carbon ($/metric ton) and sensitivity analysisPrice in $/ton

    Scenario0 MMT/yr100 MMT/yr200MMT/yr300MMT/yr400MMT/yearb- Wisconsin (1995)Energy and bottom up

    Base case 100 years r=5%10.0020.1229.4043.4370.93Price in $/ton

    100 years horizon r=8%32.0031.3547.4374.73127.67c-EMF (1993)Energy and top-down

    Twenty years r=5%20.0033.0349.1975.28137.79Price in $/ton

    Ref.: Adapted from Richards 1997, the $10 per ton is observed from Figure 3. P.17,3-Europe

    $32 from Figure 5, p.19 and $20 from Figure 6, p.21. All other values from Table 3, p.25a- Crash study (1991)Energy and top-down

    Price in $/ton

    Table 4

    Wisconsin Strategy for a Carbon Emissions Stabilization Scenario to the 1990 LevelNote: The majotity of these and early studies only provided a single point estimate per year

    GHG reductionsCarbonCumulativeAnnualized CostsCumulative

    (million tons)equivalent(million tons)CostPricesCarbon

    CO2 cumulativeMillion Tons($ per tons)Scenariomillion tons/year

    00.370.100.10(26)

    1.721.350.360.46(21)

    C0.050.010.48(6)

    D0.030.010.48(3)

    E1.160.310.800.0

    F1.000.271.060.0

    G0.200.051.121Table 8. Simulated Annual Carbon Supply by Price in Regions and Projects in Costa Rica, USA and Europe

    H0.500.131.254$101,349original$/ thousand tons$10$20$30$40$50$75$100$200$300Extreme Values

    I0.720.191.4522$201,446originalCountry/regionDescriptionin (0000) tons$/ton

    J3.280.882.33221-Costa Rica

    J0.770.212.5322a-MPAP plus (1999)Forest and bottom-up100462526542572616638646647$648$579

    K0.880.242.7726% available for sale a each price15%71%81%84%88%95%98%100%100%100%

    L0.050.012.7833$302,785originalb-PAP (1998)Forest and bottom-up100300312400

    M0.150.042.8334% available for sale a each price25%75%78%100%

    N0.190.052.88352-USA

    O13.593.656.5338a-Stavins Delta states(1998)Forest and bottom-up9972,0323,1034,2075,3458,7839,23811,02011,63812,611$739

    P4.051.097.6240$407,618original% available for sale a each price8%16%25%33%42%70%73%87%92%100%

    Q2.710.738.3541b-Richards (1997)Forest and bottom-up100,000200,000300,000317,500335,000400,000425,000450,000450,000450,000$160

    R0.280.088.4241$508,624original% available for sale a each price22%44%67%71%74%89%94%100%100%100%

    S0.750.208.6251$7512,729interpoc- Wisconsin (1995)Energy and bottom-up1,3491,4462,7857,6188,62412,72913,11414,65214,73015,202$939

    T13.903.7412.3653$10013,114interpo% available for sale a each price9%10%18%50%57%84%86%96%97%100%

    U6.731.8114.1757$20014,652interpo3Europe

    V3.590.9715.13233$30014,730interpo

    W0.250.0715.20939$93915,202original

    Note: Tons needed to meet the YR 2000 stabilization target= 8.83 million CO2 tons or 2.37 million C ton at cost of $52 per ton

    equivalent to a $22 per ton of CO2 and total cost of $51.83 million per year

    Note b: I excluded from the original the Wisconsin transportation plan will reduce emissions by 0.18 million tons with a costs of $799 per ton,however, because the paln is arleady adapted the report considered this asunk cost and is not included in this e

    Note: As expalin in Chapter VI most recent studies show features of both bottom-up

    Table 5 Marginal Cost of Cabon emission reductions from 1988 level by 2010 in ECUsand top-down. In this selective comparison only I included only studies that show the marginal cost curve,

    Country/Emissions reduction0%5%10%15%20%30%or a series os estimates rather than single point estimates. The idea here is to compare studies

    Belgium55.8055.80145.081078.800over the base of a cost per ton produce at different levels

    Denmark0.00.022.32040.92119.04

    France0.00.03.720159.960Note a: The MPAP carbon offsets were annualized

    Germany0.00.055.8066.96159.96513.36Note b: adapted from Stavins (1998) all values converted to metric units and certain values were interpolated from his results in Table 2, p.16, to prices rounded to multiples of ten.

    Greece85.56208.32833.28000Note c: Adapted from Richards 1997, the $10 per ton is observed from Figure 3. P.17,

    Italy81.84416.641,536.36000

    Netherlands100.44505.920.0000

    Spain66.96531.965,788.32000

    United King.0.00.044.640130.2234.36

    Average43.40190.961,053.69572.88122.76288.92

    Stand Error42.94232.071,989.40715.478925475856.3347707903202.7428440167

    Ref.:Adapted fromCEC (1991a,b), CO2 estimates converted to Carbon using C=3.72*CO2

    Note: All values in ECU/t of C, and exchange rate on March 1996 $1US=0.79ECU

    Table 6 Marginal Cost of Cabon in US dollars for 9 European Countries

    Country/Emissions Reduction0%5%10%15%20%30%

    Belgium71711841,3660.00.0

    Denmark0.00.0280.052151

    France0.00.050.02020.0

    Germany0.00.07185202650

    Greece1082641,0550.00.00.0

    Italy1045271,9450.00.00.0

    Netherlands1276400.00.00.00.0

    Spain856737,3270.00.00.0

    United King.0.00.0570.0165297

    Average552421,334725155366

    Stand Error542942,51890671257

    Ref.:Adapted fromCEC (1991a,b), CO2 estimates converted to Carbon using C=3.72*CO2

    Note: All values in ECU/t of C, and exchange rate on March 1996 $1US=0.79ECU

    Note b: Emission reductions to the 1988 level by the year 2010.

    Table 7 The US (EMF 1993) analysis of various studies

    ModelCarbon Tax ($ per ton of Carbon)

    Stabilization 199020% Reduction

    CRTM150260

    DGEM2050

    ERM70160

    Fossil 280250

    Gemini120330

    Global 2100110240

    Global Macro20130

    Goulder2050

    GREEN80170

    MWC70180

    Standard Error44.7790.77

    Average74.00182.00

    Table 8. US Emission (EMF 1993) Reductions and Carbon Tax for Stabilzation and 20% reduction

    YearReduction of Caborn Emission to 1990 level

    Stabilization$/tonAnnual emission in million tons

    19900.00.01,400

    200016074.001,560

    2010320100.001,720

    202048078.001,880

    203081087.002,210

    20401,13091.002,530

    20501,240100.002,640

    Note: All values come from visual observation of Figures 9.2 and 9.4, pp.306-307 IPCC (1996)

    All values in Table 8 are an average of all models

    Tree

    Table 9. Annual Cost of Stabilizing U.S. Carbon Emissions at 1990 Levels

    Emissions in Million Metric tonsMarginal Cost of Carbon in $ per ton

    yearAnnualStabilization 1990 levelEnergy optionHybrid

    1,9901,3310.00.00.0

    2,0001,469138$185$20

    2,0101,569238$200$25

    2,0201,579248$250$25

    2,0301,556225$75$10

    Source: Adapted from Rosenthal et al.1993.

    Sheet1

    00

    520

    20185

    25185

    25200

    25250

    25150

    25125

    1075

    With Trees

    Without Trees

    Year

    Dollars per Metric Tonne

    Fig.7.1 Carbon Tax Required to Stabilize Emissions at the 1990 level

    Sheet2

    USA Delta Regions Stavins (1998)

    USA, Richards (1997)

    Costa Rica

    % of Carbon Tons Available

    $/ton

    Sheet3

    010

    1020

    2030

    3040

    4050

    5075

    75100

    100200

    200300

    300

    Costa Rica

    Wisconsin Stabilization Plan

    This Study

    Carbon Emissions Reduction as a % of the Maximum

    $/ton of carbon

    Figure 6.1. Normalized Analysis of Carbon Cost in Wisconsin and Costa Rica

    MBD00115606.xls

    Chart2

    0.790.210

    0.070.030.9

    0.760.240

    0.0650.0250.91

    0.650.350

    0.0850.060.85

    0.250.750

    0.0250.150.82

    Source: Rosenthal et al.(1993): Stabilizing U.S. Net Carbon Emissions at 1990 levels.

    Conservation

    Fuel Switching

    Tree Uptake

    Cumulative Proportion

    Fig.7.2. USA Options to Stabilize Net CarbonEmissions at the 1990 Level

    Sheet1

    Sources of Carbon Reductions Relative to Base Case

    2000 w/o trees2000 with trees2010 w/o trees2010 with trees2020 w/o trees2020 with trees2030 w/o trees2030 with trees

    Conservation0.790.070.760.0650.650.0850.250.025

    Fuel Switching0.210.030.240.0250.350.060.750.15

    Tree Uptake00.900.9100.8500.82

    1.001.001.001.001.001.001.001.00

    Sheet1

    000

    000

    000

    000

    000

    000

    000

    000

    Source: Rosenthal et al.(1993): Stabilizing U.S. Net Carbon Emissions at 1990 levels.

    Conservation

    Fuel Switching

    Tree Uptake

    Cumulative Proportion

    Sources of Carbon Reductions Relative to Base Case

    Sheet2

    Annual Cost of Stabilizing U.S. Carbon Emissions at 1990 Levels

    With and Without Trees

    (Billions of 1990 dollars)

    MMTC ofWith TreesReduction

    BaseReductionin Total

    YearEmissionsNeededTotal CostTreeOtherTotalCost

    (MMTC)to Stabilizewithout treesCostCostCostWith Trees

    1990133100.000.000.000.000%

    2000146913813.542.580.142.7280%

    2010156923825.755.780.376.1576%

    2020157924825.425.030.525.5578%

    2030155622517.811.730.372.1088%

    Source: Rosenthal et al.: Stabilizing U.S. Net Carbon Emissions

    $ per metric tonWith TreesWithout Trees

    199000

    1995520

    200020185

    200525185

    201025200

    201525250

    202025150

    202525125

    20301075

    Sheet2

    00

    00

    00

    00

    00

    00

    00

    00

    00

    With Trees

    Without Trees

    Year

    Dollars per Metric Tonne

    Carbon Tax (1990 Dollars) Required to Stabilize Emissions at 1990 Levels

    Sheet3

    MBD001BC376.doc

    Table 9. Annual Cost of Stabilizing U.S. Carbon Emissions at 1990 Levels

    With and Without Trees

    Year

    Base

    Emissions

    (MMTC)

    Approved

    UNFCCC Reduction

    Needed

    to Stabilize (MMTC)

    Kyoto Protocol

    Reduction

    Needed

    if ratified (MMTC)

    Without trees

    Total Costs in billions/year*

    With Trees

    Reduction

    in Total

    Cost

    With Trees*

    Tree

    Cost bill./yr

    Other

    Cost bill./yr

    Total

    Cost bill./yr*

    1990

    1331

    0

    93

    0

    0.0

    0.0

    0.0

    0%

    2000

    1469

    138

    231

    14

    2.6

    0.1

    2.7

    80%

    2010

    1569

    238

    331

    26

    5.8

    0.4

    6.2

    76%

    2020

    1579

    248

    341

    25

    5.0

    0.5

    5.6

    78%

    2030

    1556

    225

    318

    18

    1.7

    0.4

    2.1

    88%

    Source: Adapted from Rosenthal et al.1993.

    *All costs are in 1990 dollars and are for the reductions approved by the UNFCCC. I included the additional Kyoto Protocols 7% reduction below the 1990 emissions level only as a reference, this additional US reductions are expected to increase the total costs estimated by Rosental et al.

  • Comparison of the Marginal Cost of Carbon Between Nine European Countries (US$)Ref: CEC, 1991

    Chart4

    70.6329113924000108.3037974684103.5949367089127.139240506384.75949367090

    70.6329113924000263.6962025316527.3924050633640.4050632911673.36708860760

    183.645569620328.2531645574.708860759570.63291139241054.78481012661944.75949367090.17326.987341772256.5063291139

    1365.569620253200.1584.75949367090.150.150.150.150

    0.251.7974683544202.4810126582202.48101265820.20.20.20.2164.8101265823

    0.3150.68354430380.3649.82278481010.30.30.30.3296.6582278481

    Belgium

    Denmark

    France

    Germany

    Greece

    Italy

    Netherlands

    Spain

    United King.

    US$ for Each Percentage Reduction in Emissions from the 1990 Level

    $ per ton of carbon

    Sheet1

    Costo Marginal de la Produccin de Carbono en 40 aosTable 6. Simulated Annual Carbon Supply by Price in Regions and Projects in Costa Rica, USA and Europe

    (Cifras en $)$/ thousand tons$0$10$20$30$40$50$75$100$200$300Extreme Values

    1 milln TMC2 millones3 millones4 millones5 millones6 millones7 millones8 millonesCountry/regionDescriptionin (0000) tons$/ton

    PAP11.0013.0014.0014141425311-Costa Rica

    MPAP 5%16.0017.0017.00192348a-MPAP plus (1999)Forest and bottom-up100462526542572616645646647648$579

    MPAP 12%18.0020.0048.00% available for sale a each price15%71%81%84%88%95%100%100%100%100%

    MPAP Plus 5%11.0011.0011.001212131626b-PAP (1998)Forest and bottom-up100300312400

    MPAP Plus 12%12.0012.0015.0040% available for sale a each price25%75%78%100%

    2-USA

    a-Stavins Delta states(1998)Forest and bottom-up9972,0323,1034,2075,3458,7839,23811,02011,63812,610.71$739

    Costo Marginal de la Produccin de Carbono por ao% available for sale a each price8%16%25%33%42%70%73%87%92%100%

    Cifras en $b-Richards (1997)Forest and bottom-up100,000200,000300,000317,500335,000400,000425,000450,000450,000450,000$160

    100 mil TMC200 mil300 mil400 mil500 mil% available for sale a each price22%44%67%71%74%89%94%100%100%100%

    PAP14.0014.0014.0038c- Wisconsin (1995)Energy and bottom-up1,3491,4462,7857,6188,62412,72913,11414,65214,73015,202$939

    MPAP16.0017.0019.0051% available for sale a each price4%9%10%18%50%57%84%86%96%97%100%

    MPAP Plus12.0012.0012.0013663Europe

    Table #2 Stavins in metric units

    Marginal CostsforestationAverage CostsAnnual carbonMarginal costsAverage costs

    per hectarerelative to baselineper hectaresequestrationof carbonof carbonSequetrationInterpolacion

    ($/ha/yr)(1,000 ha)($/ha/yr)(1,ooo m ton/yr)($/Mton($/Mton)million tons/year

    0.00.00.00.00.00.00.0Preciothousand tonNote: As expalin in Chapter VI most recent studies show features of both bottom-up

    25518.0024.77711.43771interpo$10997and top-down. In this selective comparison only I included only studies that show the marginal cost curve,

    501,057.0037.401,451.9115111interpo$202,032or a series os estimates rather than single point estimates. The idea here is to compare studies

    741,615.0050.162,218.6922152interpo$303,103over the base of a cost per ton produce at different levels

    992,192.0063.043,011.8029193interpo$404,207

    1242,787.0076.023,828.4936224interpo$505,345Note a: The MPAP carbon offsets were annualized

    1493,398.0089.074,668.7844265Note b: adapted from Stavins (1998) all values converted to metric units and certain values were interpolated from his results in Table 2, p.16, to prices rounded to multiples of ten.

    1733,893.00102.235,349.3651305Note c: Adapted from Richards 1997, the $10 per ton is observed from Figure 3. P.17,

    1984,224.00115.435,803.0958346All other values from Table 3, p.25

    2234,455.00128.686,120.6966386Note d: Adapted from CEC (1993), all values converted to US 1996 dollars, Co2 converted to carbo with C=3.72CO2 tons, and assumed tha each country provides carbon offsets domestically to reach the stabilization level and then at increasing prices addition

    2484,653.00141.986,392.9273426original$756,393

    4956,579.00261.659,039.02150779interpo$1008,783

    7437,484.00319.9010,283.122239410interpo$2009,238

    9917,897.00352.3510,850.2729510411interpo$30011,020

    1,2398,221.00386.3611,283.1236811411

    1,4868,470.00419.1611,637.9344112312original$40011,638Table 7. Satbilization Scenario to 1990 Level Intertemporal Comparison of Carbon Cost reduction from various Studies from Costa Rica, USA and Europe

    1,7348,689.00452.6511,938.2951413312Year2000201020202030

    1,9828,874.00484.8012,193.2858614212Country/studyDescription

    2,2299,038.00515.7412,418.33659152121-Costa RicaForest and bottom-up

    2,4779,178.00543.7812,610.7173216013original$73212,610MPAP

    2-USA

    a-Rosenthal (1993)Hybrid

    Table 3. USA