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Carbon-Accounting Methods and Reforestation Incentives

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  • Cacho, Oscar J.
  • Hean, Robyn L.
  • Wise, Russell M.

Abstract

The emission of greenhouse gases, particularly carbon dioxide, and the consequent potential for climate change are the focus of increasing international concern. Eventually, an international agreement will likely be enacted to reduce greenhouse gas emission levels and assign rules for emission trading within and between countries. Temporary land-use change and forestry projects (LUCF) can be implemented to offset permanent emissions of carbon dioxide from the energy sector. Several approaches to accounting for carbon sequestration in LUCF projects have been proposed. In this paper, the economic implications of adopting some of these approaches are evaluated in a normative context, based on simulation of Australian farm-forestry systems.

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Bibliographic Info

Paper provided by Australian Agricultural and Resource Economics Society in its series 2002 Conference (46th), February 13-15, 2002, Canberra with number 125067.

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Date of creation: Feb 2002
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Handle: RePEc:ags:aare02:125067

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Related research

Keywords: climate change; carbon accounting; reforestation; bioeconomics; Resource /Energy Economics and Policy;

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  1. Philip Fearnside & Daniel Lashof & Pedro Moura-Costa, 2000. "Accounting for time in Mitigating Global Warming through land-use change and forestry," Mitigation and Adaptation Strategies for Global Change, Springer, vol. 5(3), pages 239-270, September.
  2. Harrison, Stephen R. & Herbohn, John, 2000. "Socio-Economic Evaluation of the Potential for Australian Tree Species in the Philippines," Monographs, Australian Centre for International Agricultural Research, number 114801.
  3. Lecocq, Franck & Chomitz, Kenneth, 2001. "Optimal use of carbon sequestration in a global climate change strategy : is there a wooden bridge to a clean energy future ?," Policy Research Working Paper Series 2635, The World Bank.
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