Rd. Lasco et al., Carbon dioxide (CO2) storage and sequestration of land cover in the Leyte Geothermal Reservation, RENEW ENERG, 25(2), 2002, pp. 307-315
This study estimated the existing stored carbon (C) and rate of sequestrati
on by vegetation that can potentially serve as a sink for the carbon dioxid
e emitted from eight geothermal plants in Leyte Geothermal Reservation, Phi
lippines. For the 20,438 ha watershed in the vicinity of the power project,
the total C storage is 3.84 Mt C (14.10 Mt CO2) While C sequestration base
d on biomass chan-e was 47.35 kt C (173.77 kt CO2). Relative to power plant
emission, the C stored in the reserve is equivalent to more than 22 years
of CO2 emission. Annual C sequestration is 27% Of CO2 emission per year. Fo
r the next 25 years, two scenarios were projected. Under Scenario I ("Busin
ess as Usual"), the forest reserve will be able to store and sequester more
than 32 years of CO, emission from the power plants. Under Scenario II ("A
ccelerated Reforestation"), the reserve will be able to store and sequester
about 34 years of CO2 emission.
In addition, the rate of C sequestration based on biomass change in vegetat
ion was recorded to assess the optimum land use that can absorb the carbon
dioxide emitted by the power project. These are as follows: tree plantation
s (10.09 tC/ha/yr) > coconut (4.78 tC/ha/yr)> brushland (4.29 tC/ha/yr) > n
atural forest (0.92 tC/ha/yr).
In terms of cost, the power project operator is spending P1.22 per t CO2 (P
4.4 or US$0.12 per tC) for every year of C storage and sequestration. For 2
5 years, the total cost is P30.40 per tCO(2) (P111.5 or US$2.94 per tC) whi
ch is comparable to the cost of C offset in other tropical countries. (C) 2
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