Comparative Revenue Projections for the Four Scenarios
UBC Scenario Presentation and Supporting Slides
Remember, awhile back, the UBC carbon report? Remember it sounded too good to be true? Well, it’s true; UBC has confirmed: through selling carbons credits, in 30 years, we can generate more revenue not logging than by logging. And we can sell to whomever we want, such as local municipalities and small businesses:
Total projected revenue from carbon and logging over 30 years
status quo: $31,393,881
reduced harvest: $30,767,478
active conservation: $35,130,987
passive conservation: $39,625,012
In the next 30 years, as far as volume, the forests could double in size. So, while we make money, protecting an irreplaceable asset, at the same time, this asset is growing financially more valuable. How much more valuable?
CHART 2: This chart shows the forest growth in carbon offsets for the Active Conservation Scenario - showing that the forest almost doubles in size over the 30 year time period.
NOTE: The information related to harvesting & carbon revenue, the logging maps, social and ecological indicators are sourced from the UBC Forestry slide presentation to Council.
Don't forget to complete the North Cowichan Forest Management Survey
