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A multi-sector intertemporal optimization approach to assess the GHG implications of U.S. forest and agricultural biomass electricity expansion

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  • Latta, Gregory S.
  • Baker, Justin S.
  • Beach, Robert H.
  • Rose, Steven K.
  • McCarl, Bruce A.

Abstract

This study applies an intertemporal partial equilibrium model of the U.S. Forest and Agricultural sectors to assess the market, land use, and greenhouse gas (GHG) implications of biomass electricity expansion. Results show how intertemporal optimization procedures can yield different biomass feedstock portfolios and GHG performance metrics at different points in time. We examine the implications of restricting feedstock eligibility, land use change, and commodity substitution to put our results in the context of previous forest-only modeling efforts. Our results highlight the importance of dynamic considerations and forest and agricultural sector interactions on projecting the GHG effects of biomass electricity expansion in the U.S.

Suggested Citation

  • Latta, Gregory S. & Baker, Justin S. & Beach, Robert H. & Rose, Steven K. & McCarl, Bruce A., 2013. "A multi-sector intertemporal optimization approach to assess the GHG implications of U.S. forest and agricultural biomass electricity expansion," Journal of Forest Economics, Elsevier, vol. 19(4), pages 361-383.
  • Handle: RePEc:eee:foreco:v:19:y:2013:i:4:p:361-383
    DOI: 10.1016/j.jfe.2013.05.003
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    References listed on IDEAS

    as
    1. Ince, Peter J. & Kramp, Andrew D. & Skog, Kenneth E. & Yoo, Do-il & Sample, V. Alaric, 2011. "Modeling future U.S. forest sector market and trade impacts of expansion in wood energy consumption," Journal of Forest Economics, Elsevier, vol. 17(2), pages 142-156, April.
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    Cited by:

    1. Olivia Cintas & Göran Berndes & Annette L. Cowie & Gustaf Egnell & Hampus Holmström & Göran I. Ågren, 2016. "The climate effect of increased forest bioenergy use in Sweden: evaluation at different spatial and temporal scales," Wiley Interdisciplinary Reviews: Energy and Environment, Wiley Blackwell, vol. 5(3), pages 351-369, May.
    2. Xian, Hui & Colson, Gregory & Karali, Berna & Wetzstein, Michael, 2017. "Do nonrenewable-energy prices affect renewable-energy volatility? The case of wood pellets," Journal of Forest Economics, Elsevier, vol. 28(C), pages 42-48.
    3. Vass, Miriam Münnich & Elofsson, Katarina, 2016. "Is forest carbon sequestration at the expense of bioenergy and forest products cost-efficient in EU climate policy to 2050?," Journal of Forest Economics, Elsevier, vol. 24(C), pages 82-105.
    4. Panichelli, Luis & Gnansounou, Edgard, 2015. "Impact of agricultural-based biofuel production on greenhouse gas emissions from land-use change: Key modelling choices," Renewable and Sustainable Energy Reviews, Elsevier, vol. 42(C), pages 344-360.
    5. Galik, Christopher S. & Abt, Robert C. & Latta, Gregory & Vegh, Tibor, 2015. "The environmental and economic effects of regional bioenergy policy in the southeastern U.S," Energy Policy, Elsevier, vol. 85(C), pages 335-346.
    6. Galik, Christopher S. & Abt, Robert C. & Latta, Gregory & Méley, Andréanne & Henderson, Jesse D., 2016. "Meeting renewable energy and land use objectives through public–private biomass supply partnerships," Applied Energy, Elsevier, vol. 172(C), pages 264-274.
    7. repec:eee:forpol:v:85:y:2017:i:p1:p:161-171 is not listed on IDEAS
    8. Johnston, Craig M.T. & Cornelis van Kooten, G., 2015. "Back to the past: Burning wood to save the globe," Ecological Economics, Elsevier, vol. 120(C), pages 185-193.

    More about this item

    Keywords

    Renewable electricity; Bioenergy Forest sector modeling; Land-use change;

    JEL classification:

    • C61 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Optimization Techniques; Programming Models; Dynamic Analysis
    • Q23 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Forestry
    • Q42 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy - - - Alternative Energy Sources
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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