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Biofuel Growth: Global Greenhouse Gas Emissions Impacts from Changes in Forest Carbon Stocks

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  • Golub, Alla A.
  • Hertel, Thomas W.
  • Rose, Steven K.
  • Sohngen, Brent

Abstract

There is significant policy interest in liquid biofuels with appealing prospects for energy security, farm security, poverty alleviation, and climate change. Large-scale commercial biofuel production could have far reaching implications for regional and global markets – particularly those related to energy and land use. As such, large-scale biofuels growth is likely to have significant impacts on global greenhouse gas (GHG) emissions. This paper utilizes a CGE model with explicit biofuel, land, and energy markets. The model is able to estimate the effects on the broad range of input and output markets potentially affected globally by biofuels policies. One of the most controversial issues within the biofuels debate is potential indirect changes in land use and, in particular, the resulting changes in forest carbon stocks. To uncover consequences of biofuel policies for forest carbon, we link our CGE model with a dynamic forward looking model of the forest sector. Within this framework, we evaluate the potential effects of US and multinational biofuels growth on changes in land use and emissions from changes in forest carbon stocks.

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Bibliographic Info

Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida with number 47450.

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Date of creation: 2008
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Handle: RePEc:ags:aaea08:47450

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Keywords: land use change; biofuels; CGE model; forest carbon stocks; GHG emissions; Resource /Energy Economics and Policy;

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  1. Hertel, Thomas & Tyner, Wally & Birur, Dileep, 2008. "Biofuels for all? Understanding the Global Impacts of Multinational Mandates," GTAP Working Papers 2809, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
  2. Thaeripour, Farzad & Hertel, Thomas W. & Tyner, Wallace E. & Beckman, Jayson F. & Birur, Dileep K., 2008. "Biofuels and their By-Products: Global Economic and Environmental Implications," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6452, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  3. Taheripour, Farzad & Dileep Birur & Thomas Hertel & Wally Tyner, 2007. "Introducing Liquid Biofuels into the GTAP Data Base," GTAP Research Memoranda 2534, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
  4. Burniaux, Jean-Marc & Truong Truong, 2002. "GTAP-E: An Energy-Environmental Version of the GTAP Model," GTAP Technical Papers 923, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
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