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Modelling regional markets for co-produced timber and biofuel

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  • Korobeinikov, A.
  • Read, P.
  • Parshotam, A.
  • Lermit, J.

Abstract

It has been suggested that the large scale use of biofuel, that is fuel derived from biological materials, instead of traditional fossil fuels, especially in combination with reforestation of large areas, can lead to a low-cost reduction in atmospheric carbon dioxide levels. In this paper, we attempt to estimate the cost of a policy aimed at the reduction of carbon in the atmosphere. We model an economical system of n geographical regions with inter-regional trade, with the aim of evaluating the impacts of large scale biofuel production and forestry on regional and global energy, wood and land markets. It is shown that the costs under these policies are lower than has been previously expected.

Suggested Citation

  • Korobeinikov, A. & Read, P. & Parshotam, A. & Lermit, J., 2010. "Modelling regional markets for co-produced timber and biofuel," Ecological Economics, Elsevier, vol. 69(3), pages 553-561, January.
    • Handle: RePEc:eee:ecolec:v:69:y:2010:i:3:p:553-561
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    References listed on IDEAS

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    2. Read, Peter, 1997. "Food, fuel, fibre and faces to feed. Simulation studies of land use change for sustainable development in the 21st century," Ecological Economics, Elsevier, vol. 23(2), pages 81-93, November.
    3. Panagopoulos, T., 2009. "Linking forestry, sustainability and aesthetics," Ecological Economics, Elsevier, vol. 68(10), pages 2485-2489, August.
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    5. Jeff Tollefson, 2008. "Could global gardening fix climate change?," Nature, Nature, vol. 451(7175), pages 113-113, January.
    6. Grubb, Michael, 1997. "Technologies, energy systems and the timing of CO2 emissions abatement : An overview of economic issues," Energy Policy, Elsevier, vol. 25(2), pages 159-172, February.
    7. Read, Peter & Lermit, Jonathan, 2005. "Bio-energy with carbon storage (BECS): A sequential decision approach to the threat of abrupt climate change," Energy, Elsevier, vol. 30(14), pages 2654-2671.
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    Cited by:

    1. Withers, Mitch R. & Malina, Robert & Barrett, Steven R.H., 2015. "Carbon, climate, and economic breakeven times for biofuel from woody biomass from managed forests," Ecological Economics, Elsevier, vol. 112(C), pages 45-52.
    2. Saah, David & Patterson, Trista & Buchholz, Thomas & Ganz, David & Albert, David & Rush, Keith, 2014. "Modeling economic and carbon consequences of a shift to wood-based energy in a rural ‘cluster’; a network analysis in southeast Alaska," Ecological Economics, Elsevier, vol. 107(C), pages 287-298.

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