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dc.contributor.authorMoxey A
dc.contributor.authorMoran D
dc.description.abstractOver 80% of UK peatlands are degraded to some extent and their widespread restoration could contribute to meeting various climate change, water quality and biodiversity policy challenges. Economic analysis of costs and benefits is, however, hampered by scientific uncertainty and a lack of data on biophysical conditions as well as the impacts and costs of restoration. This paper presents a simple ‘ready-reckoner’ of possible net economic benefits under different combinations of simplifying ‘what if?’ assumptions for key restoration parameters. The results strongly suggest that even a narrow focus on carbon benefits alone is sufficient to justify restoration in many cases, and the inclusion of possible additional non-carbon benefits reinforces this. However, results are sensitive to assumptions and better data for, in particular, restoration costs associated with modest emission savings from lightly degraded sites would be helpful. Some other areas for further research are also identified. © 2014 Elsevier B.V. All rights reserved.en_US
dc.relation.ispartofScience of the Total Environmenten_US
dc.subjectPeatland restorationen_US
dc.subjectCost benefit analysisen_US
dc.subjectReady reckoneren_US
dc.subjectCarbon emissionsen_US
dc.titleUK peatland restoration: some economic arithmeticen_US

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