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It says the opportunity cost for deforestation for palm oil on degraded
forest land on mineral soil was $3,963 a hectare, while clearing that
land would release 184 tonnes of carbon-dioxide equivalent per hectare.
Carbon credits would have to be priced at $21.54 (27 euros) a tonne to
be competitive to deter such plantations.
By comparison, the costs for planting on carbon-rich peatland were
$4,265 per ha, while credits would only be $4.19 (5.25 euros) a tonne
because emissions from peatland would release 1,018 tonnes of
CO2-equivalent per hectare if cleared. (Editing by Sue Thomas)
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