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Variables Details
: (EM-374)
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EM Identity and Description
| EM-374 | |
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Document Author
variable.detail.emDocumentAuthorHelp
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The Natural Capital Project |
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Document Year
variable.detail.emDocumentYearHelp
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2015 |
Variable General Info
Value of a sequestered metric ton of carbon ?Comment:For applications interested in estimating the total value of carbon sequestration, we recommend value estimates based of damage costs associated with the release of an additional ton of carbon (the social cost of carbon (SCC). Stern (2007), Tol (2009), and Nordhaus (2007a) present estimates of SCC. For example, two SCC estimates we have used from Tol (2009) are $66 and $130 (in 2010 US dollars) (Polasky et al. 2010). For applications interested in estimating the value that could be gained by trading carbon credits in the current markets, the value can be taken from the current market prices on the Chicago or European Climate Exchanges. This variable is optional but is required to compute the value of carbon sequestered. |
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Variable ID
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7613 |
| V | |
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Qualitative-Quantitative
variable.detail.continuousCategoricalHelp
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Quantitative (Cardinal Only) |
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Cardinal-Ordinal
variable.detail.cardinalOrdinalHelp
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Cardinal |
| $ Mg C^-1 |
Variable Typology
Value of a sequestered metric ton of carbon ?Comment:For applications interested in estimating the total value of carbon sequestration, we recommend value estimates based of damage costs associated with the release of an additional ton of carbon (the social cost of carbon (SCC). Stern (2007), Tol (2009), and Nordhaus (2007a) present estimates of SCC. For example, two SCC estimates we have used from Tol (2009) are $66 and $130 (in 2010 US dollars) (Polasky et al. 2010). For applications interested in estimating the value that could be gained by trading carbon credits in the current markets, the value can be taken from the current market prices on the Chicago or European Climate Exchanges. This variable is optional but is required to compute the value of carbon sequestered. |
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Predictor-Intermediate-Response
variable.detail.displayVariableTypeHelp
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Predictor |
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Predictor Variable Type
variable.detail.displayPredictorVariableTypeHelp
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Constant or Parameter |
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Response Variable Type
variable.detail.resClassHelp
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Not applicable |
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Data Source/Type
variable.detail.dataTypeHelp
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Not applicable |
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Variable Classification Hierarchy
variable.detail.vchLevel1Help
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7. Monetary Values |
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--Carbon (or carbon abatement) value, price or cost |
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Variable Spatial Characteristics
Value of a sequestered metric ton of carbon ?Comment:For applications interested in estimating the total value of carbon sequestration, we recommend value estimates based of damage costs associated with the release of an additional ton of carbon (the social cost of carbon (SCC). Stern (2007), Tol (2009), and Nordhaus (2007a) present estimates of SCC. For example, two SCC estimates we have used from Tol (2009) are $66 and $130 (in 2010 US dollars) (Polasky et al. 2010). For applications interested in estimating the value that could be gained by trading carbon credits in the current markets, the value can be taken from the current market prices on the Chicago or European Climate Exchanges. This variable is optional but is required to compute the value of carbon sequestered. |
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Spatial Extent Area
variable.detail.spExtentHelp
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Not recorded for Constant or Factor Variables |
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Spatially Distributed?
variable.detail.spDistributedHelp
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Not recorded for Constant or Factor Variables |
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Observations Spatially Patterned?
variable.detail.regularSpGrainHelp
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Not recorded for Constant or Factor Variables |
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Spatial Grain Type
variable.detail.spGrainTypeHelp
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Not recorded for Constant or Factor Variables |
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Spatial Grain Size
variable.detail.spGrainSizeHelp
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Not recorded for Constant or Factor Variables |
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Spatial Density
variable.detail.spDensityHelp
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Not recorded for Constant or Factor Variables |
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EnviroAtlas URL
variable.detail.enviroAtlasURLHelp
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Variable Temporal Characteristics
Value of a sequestered metric ton of carbon ?Comment:For applications interested in estimating the total value of carbon sequestration, we recommend value estimates based of damage costs associated with the release of an additional ton of carbon (the social cost of carbon (SCC). Stern (2007), Tol (2009), and Nordhaus (2007a) present estimates of SCC. For example, two SCC estimates we have used from Tol (2009) are $66 and $130 (in 2010 US dollars) (Polasky et al. 2010). For applications interested in estimating the value that could be gained by trading carbon credits in the current markets, the value can be taken from the current market prices on the Chicago or European Climate Exchanges. This variable is optional but is required to compute the value of carbon sequestered. |
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Temporal Extent
variable.detail.tempExtentHelp
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Not recorded for Constant or Factor Variables |
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Temporally Distributed?
variable.detail.tempDistributedHelp
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Not recorded for Constant or Factor Variables |
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Regular Temporal Grain?
variable.detail.regularTempGrainHelp
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Not recorded for Constant or Factor Variables |
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Temporal Grain Size Value
variable.detail.tempGrainSizeValHelp
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Not recorded for Constant or Factor Variables |
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Temporal Grain Size Units
variable.detail.tempGrainSizeUnitHelp
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Not recorded for Constant or Factor Variables |
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Temporal Density
variable.detail.tempDensityHelp
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Not recorded for Constant or Factor Variables |
Variable Values
Value of a sequestered metric ton of carbon ?Comment:For applications interested in estimating the total value of carbon sequestration, we recommend value estimates based of damage costs associated with the release of an additional ton of carbon (the social cost of carbon (SCC). Stern (2007), Tol (2009), and Nordhaus (2007a) present estimates of SCC. For example, two SCC estimates we have used from Tol (2009) are $66 and $130 (in 2010 US dollars) (Polasky et al. 2010). For applications interested in estimating the value that could be gained by trading carbon credits in the current markets, the value can be taken from the current market prices on the Chicago or European Climate Exchanges. This variable is optional but is required to compute the value of carbon sequestered. |
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| Not applicable | |
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Min Value
variable.detail.minEstHelp
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Not applicable |
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Max Value
variable.detail.estHelp
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Not applicable |
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Other Value Type
variable.detail.natureOtherEstHelp
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Not applicable |
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Other Value
variable.detail.otherEstHelp
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Not applicable |
Variable Variability and Sensitivity
Value of a sequestered metric ton of carbon ?Comment:For applications interested in estimating the total value of carbon sequestration, we recommend value estimates based of damage costs associated with the release of an additional ton of carbon (the social cost of carbon (SCC). Stern (2007), Tol (2009), and Nordhaus (2007a) present estimates of SCC. For example, two SCC estimates we have used from Tol (2009) are $66 and $130 (in 2010 US dollars) (Polasky et al. 2010). For applications interested in estimating the value that could be gained by trading carbon credits in the current markets, the value can be taken from the current market prices on the Chicago or European Climate Exchanges. This variable is optional but is required to compute the value of carbon sequestered. |
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Variability Expression Given?
variable.detail.variabilityExpHelp
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Not recorded for Constant or Factor Variables |
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Variability Metric
variable.detail.variabilityMetricHelp
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None |
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Variability Value
variable.detail.variabilityValueHelp
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None |
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Variability Units
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None |
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Resampling Used?
variable.detail.bootstrappingHelp
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Not recorded for Constant or Factor Variables |
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Variability Expression Used in Modeling?
variable.detail.variabilityUsedHelp
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Not recorded for Constant or Factor Variables |
Variable Operational Validation (Response Variables only)
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Variable ID
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Validated?
variable.detail.resValidatedHelp
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Validation Approach (within, between, etc.)
variable.detail.validationApproachHelp
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Validation Quality (Qual/Quant)
variable.detail.validationQualityHelp
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Validation Method (Stat/Deviance)
variable.detail.validationMethodHelp
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Validation Metric
variable.detail.validationMetricHelp
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Validation Value
variable.detail.validationValHelp
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Validation Units
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Use of Measured Response Data
variable.detail.measuredResponseDataHelp
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