James Pena, a Haverford College Student enrolled in the Senior Seminar in ecology at Bryn Mawr, wrote a paper last semester that estimates the volume and value of carbon sequestered in the trees growing at Crow's Nest Preserve. A little global background from his paper is necessary here:
The carbon cycle describes the change in carbon from four places: geological (fossil fuels), oceanic, terrestrial (plants & trees), and atmospheric. These are listed in order of decreasing size.
Any place that releases carbon—a net decrease in stock—is a "source" and any place that has a net increase in stock is a "sink."
Trees are sinks because they uptake carbon through photosynthesis from the carbon dioxide in the air. Some of that is returned to the air through cellular respiration but half is converted to sugars, starches, and cellulose and stored in the above- and belowground biomass. Significant carbon storage also occurs in forest soils, particularly in the older growth woods that aren't sequestering relatively as much carbon in rapidly growing young trees.
Estimating the rates of carbon sequestration is much more difficult to do in a diverse, natural forest than it would be in a plantation. In a plantation all the trees are the same species and age and the carbon sequestered is the largely same in each. Research at other forests has used a process called the eddy-covariance technique to measure net ecosystem exchange (NEE) of carbon each hour. Since this is measuring the reduction of carbon dioxide in the air around the trees it is not based on an estimate of the size or growth rate of the trees.
Mr. Pena drew upon these published rates of carbon sequestration in similar forests—particularly the Harvard Forest in Massachusetts—and applied it to the conditions found here at Crow's Nest Preserve. Based on our 158 hectares of forest area (1 hectare = 2.471 acres), and the estimate of +/- two tons of carbon sequestered per hectare per year, our total carbon uptake at Crow's Nest is about 315 tons per year. That's about enough to offset the yearly emissions of 70 average U.S. cars.
To put a monetary value on that uptake, this service can be thought of in terms of carbon credits. Carbon emissions reductions are now traded on a market and have a range of $5 to $12 per ton of carbon dioxide emissions. Based on these figures the value of the forests at Crow's Nest as a carbon sink range from $1,575.62 to $3,781.49 (U.S.) per year. However there are some regulations that would have to change before forest conservation projects qualify for the trading of carbon emission reductions. For more information about these figures go to the Ecosystem Marketplace.
If you have questions about this or any of the research being conducted at Crow's Nest please contact me.