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El Nino, Ice Storms, and the Market for Residential Fuelwood in Eastern Canada and the Northeastern U.S. AgEcon
Jagger, Pamela; White, William; Sedjo, Roger A..
Extreme weather events such as the ice storm that affected eastern Canada and the Northeastern US in January of 1998 have significant impacts on both human populations and forests. One of the questions currently facing climate scientists is whether or not better forecasting of such events would lessen the economic impacts borne by households, industry, agricultural producers and the public sector when such weather events occur. This case study examines the economic impacts of the ice storm on the residential market for fuelwood. It is hypothesized that demand for fuelwood will increase due to the failure of non-wood heating sources during the ice storm. In addition, damage to trees in the region should increase the supply of fuelwood; the net effect of...
Tipo: Working or Discussion Paper Palavras-chave: Fuelwood; El Nino; Ice storm; Forest management; Extreme weather event; Climate forecasting; Forest policy; Resource /Energy Economics and Policy; D1; D13; Q2; Q21; Q23; Q42.
Ano: 1999 URL: http://purl.umn.edu/10535
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