| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Land-Use Change and Carbon Sinks: Econometric Estimation of the Carbon Sequestration Supply Function
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| Autores: |
Lubowski, Ruben N.
Plantinga, Andrew J.
Stavins, Robert N.
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| Data: |
2005-10-26
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| Ano: |
2005
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| Palavras-chave: |
Abatement
Carbon
Climate change
Costs
Forestry
Greenhouse gases
Land use
Land-use change
Sequestration
Land Economics/Use
Q540
Q230
Q240
Q150
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| Resumo: |
When and if the United States chooses to implement a greenhouse gas reduction program, it will be necessary to decide whether carbon sequestration policies - such as those that promote forestation and discourage deforestation - should be part of the domestic portfolio of compliance activities. We investigate the cost of forest-based carbon sequestration. In contrast with previous approaches, we econometrically examine micro-data on revealed landowner preferences, modeling six major private land uses in a comprehensive analysis of the contiguous United States. The econometric estimates are used to simulate landowner responses to sequestration policies. Key commodity prices are treated as endogenous and a carbon sink model is used to predict changes in carbon storage. Our estimated marginal costs of carbon sequestration are greater than those from previous engineering cost analyses and sectoral optimization models. Our estimated sequestration supply function is similar to the carbon abatement supply function from energy-based analyses, suggesting that forest-based carbon sequestration merits inclusion in a cost-effective portfolio of domestic U.S. climate change strategies.
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| Tipo: |
Working or Discussion Paper
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| Idioma: |
Inglês
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| Identificador: |
18672
http://purl.umn.edu/10561
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| Editor: |
AgEcon Search
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| Relação: |
Resources for the Future>Discussion Papers
Discussion Paper
05-04
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| Formato: |
38
application/pdf
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