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	Provedor de dados AgEcon (1) Autor Galinato, Gregmar I. (1) Olanie, Aaron (1) Uchida, Shinsuke (1) Yoder, Jonathan K. (1) Palavra-chave Carbon sequestration (1) Environmental Economics and Policy (1) Forest rotation (1) Land Economics/Use (1) Long term certified emission reductions (lCERs) (1) Q2 (1) Q23 (1) Q54 (1) Resource /Energy Economics and Policy (1) Mais... Tipo do documento Working or Discussion Paper (1) Ano 2010 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Long Term Versus Temporary Certified Emission Reductions in Forest Carbon-Sequestration Programs AgEcon Galinato, Gregmar I.; Olanie, Aaron; Uchida, Shinsuke; Yoder, Jonathan K.. Under the Clean Development Mechanism (CDM) of the Kyoto Protocol, forest projects can receive returns for carbon sequestration via two credit instruments: temporary (tCERs) or long-term certified emission reductions (lCERs). This article develops a theoretical model of optimal harvesting strategies that compares private optimal harvest decision under these two instruments. We find that risk neutral landowners are likely to prefer instituting lCERs over tCERs to maximize surplus. A particular type of early harvest penalty implemented under the lCERs is critical in determining the length of rotation intervals and the carbon credit supply. When this penalty is an increasing function of the difference in biomass before and after harvesting across verification... Tipo: Working or Discussion Paper Palavras-chave: Forest rotation; Long term certified emission reductions (lCERs); Carbon sequestration; Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy; Q2; Q54; Q23. Ano: 2010 URL: http://purl.umn.edu/60744 Registros recuperados: 1 Primeira ... 1 ... Última

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