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Developing forest sinks in Australia and the United States -- A forest owner's prerogative

  • Bull, Lyndall
  • Thompson, Derek
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    There is a general consensus within the scientific community that human activity is causing the earth to warm. The use of forests as carbon sinks is increasingly recognized as a mitigation option. Emission trading frameworks throughout the world have emerged as the chosen means to manage emissions. This is also evident within the large area, high emission countries of Australia and the United States which both incorporate the use of forest sinks within existing or proposed emission trading frameworks. This paper evaluates and compares the frameworks in each country and reviews the corresponding literature to identify knowledge gaps that currently exist regarding forest sink development. While extensive work has been carried out to understand the potential contribution of forest sinks, little has been done in a uniform manner to clarify the likely uptake and implementation of forest sinks by forest owners. Using innovation theory to understand the interactions between the relevant actors and institutions influencing the development of carbon sinks and as a means to frame the required research, this paper highlights why knowledge of the intentions of the forest owner is integral to the success of forest sinks as a mitigation option. The Theory of Planned Behavior is suggested as a means of examining and understanding the intentions of forest owners to implement forest sinks.

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    Article provided by Elsevier in its journal Forest Policy and Economics.

    Volume (Year): 13 (2011)
    Issue (Month): 5 (June)
    Pages: 311-317

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    Handle: RePEc:eee:forpol:v:13:y:2011:i:5:p:311-317
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    1. McKenney, Daniel W. & Yemshanov, Denys & Fox, Glenn & Ramlal, Elizabeth, 2004. "Cost estimates for carbon sequestration from fast growing poplar plantations in Canada," Forest Policy and Economics, Elsevier, vol. 6(3-4), pages 345-358, June.
    2. Karan Capoor & Philippe Ambrosi, . "State and Trends of the Carbon Market 2008," World Bank Other Operational Studies 13405, The World Bank.
    3. Ajzen, Icek, 1991. "The theory of planned behavior," Organizational Behavior and Human Decision Processes, Elsevier, vol. 50(2), pages 179-211, December.
    4. Kubeczko, Klaus & Rametsteiner, Ewald & Weiss, Gerhard, 2006. "The role of sectoral and regional innovation systems in supporting innovations in forestry," Forest Policy and Economics, Elsevier, vol. 8(7), pages 704-715, October.
    5. Michael R. King, 2008. "An Overview of Carbon Markets and Emissions Trading: Lessons for Canada," Discussion Papers 08-1, Bank of Canada.
    6. Karppinen, Heimo, 2005. "Forest owners' choice of reforestation method: an application of the theory of planned behavior," Forest Policy and Economics, Elsevier, vol. 7(3), pages 393-409, March.
    7. Robert C. Cairns & Pierre Lasserre, 2004. "Reinforcing Economic Incentives for Carbon Credits for Forests," CIRANO Working Papers 2004s-12, CIRANO.
    8. Rametsteiner, Ewald & Weiss, Gerhard, 2006. "Innovation and innovation policy in forestry: Linking innovation process with systems models," Forest Policy and Economics, Elsevier, vol. 8(7), pages 691-703, October.
    9. Gregory S. Amacher & Markku Ollikainen & Erkki A. Koskela, 2009. "Economics of Forest Resources," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262012480, June.
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