Carbon storage value of grasslands Sample Clauses

Carbon storage value of grasslands based on the unit price of the EUA For the valuation of carbon storage in soils of grasslands the assumption is that a certain amount of carbon from the carbon stock is in the soil due to the land being grassland. Therefore EF can be used as indicators: For land-use category „Grassland to Cropland“ the EF was EF was -0.42 t C ha-1 yr-1 for mineral soil and -6.1 t C ha-1 yr-1 for organic soil To find the monetary value of carbon storage as ecosystem service through a European Union Allowance (EUA) unit price (average 15.82 €/t CO2), one must first find the carbon content per tonne of carbon dioxide. Xxxxxx has a relative atomic mass of 12. Oxygen has a relative atomic mass of 16, so two of them is 32. Therefore the share of carbon in carbon dioxide is 27.3 %. One tonne of carbon dioxide (CO2) contains 273 kg of carbon (C). In view of the above, storage of 273 kg of carbon in soil is worth 15.82 € and storage of one kg of carbon is 0.058 €. According to spatial analyses, the total area of grasslands is 419 500 ha on mineral soils and 78950 ha on organic soils. Based on these area data and the unit price of the EUA, the approximate value of the organic soil grassland ecosystem service as a carbon storage is 28 million € (78950 ha x 6100 kg x 0.058 €) and the value of mineral soil grassland 10 million € (419500 ha x 420 kg x 0.058 €). The total value of the Estonian grassland ecosystem service as a carbon storage is approximately 38 million €. The average value of carbon storage per hectare is 76 €.
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