Reinforcing economic incentives for carbon credits for forests
AbstractAfforestation is a cost-effective way for some countries to meet part of their commitments under the Kyoto Protocol and its eventual extensions. Credits for carbon sequestration can be mediated through markets for emissions permits. Both new and old forests are subject to pestilence and fire, which are events that could release substantial, discrete quantities of carbon at irregular intervals. Permits markets, the use of green accounting, and insurance markets for sudden emmisions could increase the efficiency of the scheme and its attractiveness to potential participants. La plantation de forÃªts est une maniÃ¨re peu coÃ»teuse pour certains pays de remplir leurs engagements Ã l'Ã©gard du Protocole de Kyoto et de ses extensions Ã©ventuelles. Les marchÃ©s pour les permis d'Ã©missions peuvent s'assortir de crÃ©dits pour la sÃ©questration de carbone. Tant les nouvelles que les anciennes forÃªts sont exposÃ©es aux incendies et aux invasions de parasites, qui peuvent se donner lieu Ã l'Ã©mission d'importantes quantitÃ©s de gaz carbonique Ã intervalles irrÃ©guliers. Les marchÃ©s des permis et les marchÃ©s d'assurance, mis en ?uvre dans un cadre de comptabilitÃ© verte, peuvent rendre plus efficace et plus attrayant un systÃ¨me de crÃ©dits pour sÃ©questration du carbone.
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Bibliographic InfoArticle provided by Elsevier in its journal Forest Policy and Economics.
Volume (Year): 6 (2004)
Issue (Month): 3-4 (June)
Contact details of provider:
Web page: http://www.elsevier.com/locate/forpol
Other versions of this item:
- Robert C. Cairns & Pierre Lasserre, 2004. "Reinforcing Economic Incentives for Carbon Credits for Forests," CIRANO Working Papers 2004s-12, CIRANO.
- H00 - Public Economics - - General - - - General
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
- Q29 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Other
- Q38 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Government Policy (includes OPEC Policy)
- Q39 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Other
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Cairns, Robert D., 2001. "Seeing the trees as a forest: what counts in green accounting," Ecological Economics, Elsevier, vol. 36(1), pages 61-69, January.
- Robert Cairns & Pierre Lasserre, 2001.
"Carbon Credits for Forests and Forest Products,"
Cahiers de recherche du DÃ©partement des sciences Ã©conomiques, UQAM
20-02, Université du Québec à Montréal, Département des sciences économiques.
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