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Registros recuperados: 108
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Forest Carbon Sequestration: Some Issues for Forest Investments AgEcon
Sedjo, Roger A..
A major problem being faced by human society is that the global temperature is believed to be rising due to human activity that releases carbon dioxide to the atmosphere; i.e., global warming. The major culprit is thought to be fossil fuel burning, which is releasing increasing amounts of carbon dioxide in the atmosphere. The problem of increasing atmospheric carbon dioxide can be addressed a number of ways. One of these is forestry and forest management. This paper examines a number of current issues related to mitigating the global warming problem through forestry. First, the overall carbon cycle is described, and the potential impact of forests on the buildup of atmospheric carbon is examined. A major focus is the means by which forests and forest...
Tipo: Working or Discussion Paper Palavras-chave: Forests; Carbon; Sinks; Sequestration; Forest management; Kyoto Protocol; Resource /Energy Economics and Policy; Q10; Q15; Q21; Q23; Q24.
Ano: 2001 URL: http://purl.umn.edu/10571
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The Case for Intensity Targets AgEcon
Pizer, William A..
While the rest of the world has pursued absolute emissions limits for greenhouse gases, the Bush administration has proposed an alternative policy formulation based, among other things, on reducing emissions intensity-that is, emissions per dollar of real gross domestic product. Critics of this formulation have denounced the general idea of an intensity-based emissions target, along with its voluntary nature and weak targets. This raises the question of whether intensity-based emissions limits, distinct from the other features of the Bush initiative, offer a useful alternative to absolute emissions limits. This paper makes the case that they do, based on how emissions targets are framed. The argument draws on four key observations: greenhouse gas emissions...
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Climate; Policy; Intensity; Global warming; Environmental Economics and Policy; Q54; Q58; Q56.
Ano: 2005 URL: http://purl.umn.edu/10917
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Between Estimates of the Environmental Kuznets Curve AgEcon
Stern, David I..
Acknowledgements: Elbert Dijkgraaf for providing the data used in their paper.
Tipo: Report Palavras-chave: Carbon; Sulfur; Environmental Kuznets curve; Between estimator; Environmental Economics and Policy; Research Methods/ Statistical Methods; C23; Q53; Q56.
Ano: 2009 URL: http://purl.umn.edu/94883
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The New Roadmap for Measuring and Valuing Carbon in the Agribusiness Sector AgEcon
Williams, Dawson.
Tipo: Conference Paper or Presentation Palavras-chave: Carbon; Greenhouse gas emissions; Agribusiness; Carbon market; Agribusiness; Environmental Economics and Policy; Q; D.
Ano: 2009 URL: http://purl.umn.edu/54576
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The Effect of Allowance Allocation on the Cost of Carbon Emission Trading AgEcon
Burtraw, Dallas; Palmer, Karen L.; Bharvirkar, Ranjit; Paul, Anthony.
We investigate the cost-effectiveness and distributional effects of a revenue-raising auction, grandfathering, and a generation performance standard as alternative approaches for distributing carbon emission allowances in the electricity sector. We solve a detailed national electricity market model and find the auction is roughly one-half the societal cost of the other approaches. This result holds under a variety of assumptions about the future state of economic regulation and competition in the electricity sector. The differences in the cost of the approaches flow from the effect of each approach on electricity price. Grandfathering is the best for producers but it imposes a substantial cost on consumers. The generation performance standard yields the...
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Emission allowance trading; Allowance allocations; Electricity; Restructuring; Air pollution; Safety valve; Auction; Grandfathering; Generation performance standard; Output-based allocation; Cost-effectiveness; Environmental Economics and Policy; Q2; Q25; Q4; L94.
Ano: 2001 URL: http://purl.umn.edu/10536
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A bioeconomic model of carbon trading within an Australian grazing enterprise AgEcon
Gowen, Rebecca; Rolfe, John; Donaghy, Peter.
The Carbon Farming Initiative (CFI) and other carbon trading programs have been promoted as alternative sources of income for agricultural producers, particularly those on marginal land. This paper presents the results of a bioeconomic model developed to compare the relative returns from a beef enterprise against changing regrowth management practices to sequester additional carbon and sell carbon offsets. The model is constructed based on a 1000 hectare parcel of land in Central Queensland and is calculated for two landtypes; Brigalow and Eucalypt. Assuming zero transaction costs and a 20 year contract period, a carbon-cattle enterprise has higher returns that a cattle-only enterprise at relatively low carbon prices for both land types. However, results...
Tipo: Presentation Palavras-chave: Carbon; Bioeconomic modelling; Grazing economics; Environmental Economics and Policy; Livestock Production/Industries.
Ano: 2012 URL: http://purl.umn.edu/124311
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Land-Use Change and Carbon Sinks: Econometric Estimation of the Carbon Sequestration Supply Function AgEcon
Lubowski, Ruben N.; Plantinga, Andrew J.; Stavins, Robert N..
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...
Tipo: Working or Discussion Paper Palavras-chave: Abatement; Carbon; Climate change; Costs; Forestry; Greenhouse gases; Land use; Land-use change; Sequestration; Land Economics/Use; Q540; Q230; Q240; Q150.
Ano: 2005 URL: http://purl.umn.edu/10561
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Modeling International Trends in Energy Efficiency and Carbon Emissions AgEcon
Stern, David I..
This study uses a stochastic production frontier to model energy efficiency trends, in 85 countries over a 37 year period. No structure is imposed on technological change over time, although differences in technology level across the countries are modelled as a stochastic function of explanatory variables. These variables are selected by a literature survey and a theoretical model of energy-efficient technology choice. An improvement in a country’s energy efficiency is measured as a reduction in energy intensity, while holding constant that economy’s mix of inputs and outputs. All other things remaining constant, the country using the least energy per unit output is on the global best-practice frontier. The model is used to derive decompositions of...
Tipo: Report Palavras-chave: Energy; Efficiency; Carbon; Emissions; Technological change; Between estimator; Environmental Economics and Policy; Resource /Energy Economics and Policy; O13; O33; O47; Q43; Q54; Q55; Q56.
Ano: 2010 URL: http://purl.umn.edu/94950
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Prospects for Carbon Capture and Storage Technologies AgEcon
Anderson, Soren T.; Newell, Richard G..
Carbon capture and storage (CCS) technologies remove carbon dioxide from flue gases for storage in geologic formations or the ocean. We find that CCS is technically feasible and economically attractive within the range of carbon policies discussed domestically and internationally. Current costs are about $200 to $250 per ton of carbon, although costs are sensitive to fuel prices and other assumptions and could be reduced significantly through technical improvements. Near-term prospects favor CCS for certain industrial sources and electric power plants, with storage in depleted oil and gas reservoirs. Deep aquifers may provide an attractive longer-term storage option, whereas ocean storage poses greater technical and environmental uncertainty. Vast...
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Capture; Storage; Sequestration; Climate change; Technology; Environmental Economics and Policy; Q30; Q40; O30.
Ano: 2003 URL: http://purl.umn.edu/10879
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Carbon Sequestration with Reforestations and Biodiversity-Scenic Values AgEcon
Caparros, Alejandro; Cerda, Emilio; Ovando, P.; Campos, Pablo.
This paper presents an optimal control model to analyze reforestations with two different species, including commercial values, carbon sequestration and biodiversity or scenic values. We solve the model qualitatively with general functions and discuss the implications of partial or total internalization of environmental values, showing that internalizing only carbon sequestration may have negative impacts on biodiversity-scenic values. To evaluate the practical relevance, we compare reforestations in the South-west of Spain with cork-oaks (a slow growing native species) and with eucalyptus (a fast growing alien species). We do the analysis with two different carbon crediting methods: the Carbon Flow Method and the Ton Year Accounting Method. With the...
Tipo: Working or Discussion Paper Palavras-chave: Optimal Control; Forests; Carbon; Sequestration; Biodiversity; Scenic; Stated Preferences; Carbon Accounting; Environmental Economics and Policy; Q23; Q26; Q51; Q57.
Ano: 2007 URL: http://purl.umn.edu/9323
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Afforestation to increase the provision of ecosystem services: economic implications for Ukraine and beyond AgEcon
Nijnik, Maria; Oskam, Arie J.; Nijnik, Albert.
This paper analyses costs and benefits of planting trees on marginal lands across forestry zones in Ukraine with the purpose of using them for timber production, erosion prevention and climate change mitigation. The research reveals that establishment of new forests to increase timber production and alleviate soil erosion is economically and environmentally justified in some regions. Incorporating the effects of afforestation through on climate change mitigation increases social benefits.
Tipo: Conference Paper or Presentation Palavras-chave: Afforestation; Erosion; Carbon; Timber; Cost-benefit analysis; Land Economics/Use; Resource /Energy Economics and Policy.
Ano: 2009 URL: http://purl.umn.edu/51814
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Carbon Footprint: A New Farm Management Consideration in the Southern High Plains AgEcon
Weinheimer, Justin; Rajan, Nithya; Johnson, Phillip N.; Maas, Stephan.
As concerns continue to mount regarding man induced impacts to the global climate, the SHPT region could be faced with a unique scenario in which the net carbon balance should be considered in the producer’s enterprise selection and production systems. Currently, the SHPT produces nearly one third of the U.S. cotton crop. Under a potential cap and trade system the challenge for the agricultural industry in the SHPT may be how to sustain the region’s economic base and production capabilities. Thus, the objective of this study was to measure the net carbon relationships between irrigated cotton and irrigated corn production systems on the SHPT using data from the Texas Alliance for Water Conservation (TAWC, 2009). Due to the unique management and production...
Tipo: Conference Paper or Presentation Palavras-chave: Cape and Trade; Carbon; Farm management; Environmental Economics and Policy; Farm Management; Q18; Q28; Q54; Q56.
Ano: 2010 URL: http://purl.umn.edu/61760
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The Ancillary Carbon Benefits of SO2 Reductions from a Small-Boiler Policy in Taiyuan, PRC AgEcon
Morgenstern, Richard D.; Krupnick, Alan J.; Zhang, Xuehua.
To reduce carbon emissions worldwide, it makes sense to consider the possibility of developed countries paying for carbon reductions in developing countries. Developing countries may be interested in such activities if the ancillary air pollution benefits are large. This paper reports on an RFF survey of the emissions benefits (and costs) of reducing sulfur dioxide (SO2) emissions from small, coal-burning boilers in Taiyuan, an industrial, northern Chinese city that recently banned uncontrolled coal combustion in certain small boilers in the downtown area. We find significant carbon benefits in percentage terms-on the order of 50% to 95% reduction-associated with this SO2 control policy, with large reduction potential elsewhere in Taiyuan and China. While...
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Air pollution; Informal sector; Ancillary benefits; Abatement costs; Survey; Environmental Economics and Policy; O12; L2; Q12; Q25; Q48.
Ano: 2002 URL: http://purl.umn.edu/10632
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Forestry Sequestration of CO2 and Markets for Timber AgEcon
Sedjo, Roger A.; Sohngen, Brent.
Forestry has been considered to have potential in reducing the atmospheric concentration of carbon dioxide by sequestrating carbon in above-ground timber and below-ground roots and soil. This potential has been noted in the Kyoto Protocol, which identified specific forestry activities for which carbon sequestration credits could be obtained. To date, a few forestry efforts have been undertaken for carbon purposes, but most of these efforts have been on a small scale. Proposals have been under discussion, however, that would result in the creation of very large areas of new forest for the purpose of offsetting some of the additional carbon that is being released into the atmosphere. Concerns are expressed, however, that large-scale sequestration operations...
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Forests; Sequestration; Leakages; Timber markets; Prices; Models; Resource /Energy Economics and Policy; Q10; Q15; Q21; Q23; Q24.
Ano: 2000 URL: http://purl.umn.edu/10778
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Climate Policy Design under Uncertainty AgEcon
Pizer, William A..
The uncertainty surrounding both costs and benefits associated with global climate change mitigation creates enormous hurdles for scientists, stakeholders, and decision-makers. A key issue is how policy choices balance uncertainty about costs and benefits. This balance arises in terms of the time path of mitigation efforts as well as whether those efforts, by design, focus on effort or outcome. This paper considers two choices-price versus quantity controls and absolute versus relative/intensity emissions limits-demonstrating that price controls and intensity emissions limits favor certainty about cost over climate benefits and future emissions reductions. The paper then argues that in the near term, this favoritism is desired.
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Climate; Policy; Intensity; Global warming; Uncertainty; Price; Quantity; Environmental Economics and Policy; D81; Q54; Q58.
Ano: 2005 URL: http://purl.umn.edu/10584
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How A Cap-and-Trade Policy of Green House Gases Could Alter the Face of Agriculture in the South: A Spatial and Production Level Analysis. AgEcon
Nalley, Lawton Lanier; Popp, Michael P.; Fortin, Corey.
With the Waxman-Markey Bill passing the House and the Obama administration’s push to reduce carbon emissions, the likelihood of the implementation of some form of a carbon policy is increasing. This study estimates the greenhouse gas (GHG) emissions of the six largest crops produced in Arkansas using 63 different production practices as documented by University of Arkansas Cooperative Extension Service. From these GHG estimates a baseline state “carbon footprint” was estimated and a hypothetical cap-and-trade carbon reduction of 5, 10, and 20% was levied on Arkansas agriculture. Results show that while a modest reduction in GHG emissions (5%) would only affect crop allocations amongst certain crops while marginally reducing state net returns, a 20%...
Tipo: Conference Paper or Presentation Palavras-chave: Cap-and-Trade; Carbon; Sustainability; Agricultural and Food Policy; Environmental Economics and Policy; Q28; Q52; Q54; Q56.
Ano: 2009 URL: http://purl.umn.edu/55717
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Using Cellulosic Ethanol to ‘Go Green’: What Price for Carbon? AgEcon
Miranowski, John A.; Rosburg, Alicia.
The revised Renewable Fuels Standard (RFS2) mandates that cellulosic biofuels be part of the liquid transportation fuel mix and contribute to reducing our carbon footprint. Unfortunately, since no commercial cellulosic biorefinery exists and cellulosic biomass production is typically smaller scale than conventional crop production, limited knowledge exists of the actual costs of producing cellulosic biomass and converting it to cellulosic ethanol. Understanding of the implications of RFS2 requires a better understanding of the economics of producing cellulosic ethanol. We use the Biofuel Breakeven model (BIOBREAK), a simple long run breakeven model that represents the feedstock supply system and biofuel refining process, along with estimates of the...
Tipo: Conference Paper or Presentation Palavras-chave: Environmental Economics and Policy; Resource /Energy Economics and Policy; Biofuels; Biomass; Cellulosic Ethanol; RFS2; Carbon.
Ano: 2010 URL: http://purl.umn.edu/61395
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Optimal management of a flammable forest providing timber and carbon sequestration benefits: an Australian case study AgEcon
Spring, Daniel; Kennedy, John O.S.; Mac Nally, Ralph.
In deciding to keep or fell a forest stand given its age, the risk of loss of timber through wildfire is an important consideration. If trees also have value from sequestration of carbon, another effect of fire is the unplanned loss of stored carbon. Factors affecting the decision to keep or fell trees, and how much to spend on fire protection, are investigated using stochastic dynamic programming, using carbon sequestration in stands of mountain ash in Victoria as a case study. The effect of treating sawlogs as a permanent carbon sink after harvesting is explored.
Tipo: Article Palavras-chave: Forest management; Timber; Carbon; Dynamic; Programming; Resource /Energy Economics and Policy.
Ano: 2005 URL: http://purl.umn.edu/118504
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Can Carbon Sinks Be Operational? RFF Workshop Proceedings AgEcon
Sedjo, Roger A.; Toman, Michael.
An RFF Workshop brought together experts from around the world to assess the feasibility of using biological sinks to sequester carbon as part of a global atmospheric mitigation effort. The chapters of this proceeding are a result of that effort. Although the intent of the workshop was not to generate a consensus, a number of studies suggest that sinks could be a relatively inexpensive and effective carbon management tool. The chapters cover a variety of aspects and topics related to the monitoring and measurement of carbon in biological systems. They tend to support the view the carbon sequestration using biological systems is technically feasible with relatively good precision and at relatively low cost. Thus carbon sinks can be operational.
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Sinks; Global warming; Sequestration; Forests; Environmental Economics and Policy; Q10; Q15; Q21; Q23; Q24.
Ano: 2001 URL: http://purl.umn.edu/10480
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Modeling Economywide versus Sectoral Climate Policies Using Combined Aggregate-Sectoral Models AgEcon
Pizer, William A.; Burtraw, Dallas; Harrington, Winston; Newell, Richard G.; Sanchirico, James N..
Economic analyses of climate change policies frequently focus on reductions of energy-related carbon dioxide emissions via market-based, economywide policies. The current course of environment and energy policy debate in the United States, however, suggests an alternative outcome: inefficiently designed and/or sector-based policies. This paper uses a collection of specialized, sector-based models in conjunction with a computable general equilibrium model of the economy to examine and compare these policies at an aggregate level. We examine the relative cost of different policies designed to achieve the same quantity of emissions reductions. We find that excluding a limited number of sectors from an economywide policy does not significantly raise costs....
Tipo: Working or Discussion Paper Palavras-chave: Carbon; Carbon dioxide; Climate change; Climate policy; General equilibrium model; Partial equilibrium model; Cost; Environmental Economics and Policy; Q25; D58; D61; Q48.
Ano: 2005 URL: http://purl.umn.edu/10502
Registros recuperados: 108
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