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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.

Suggested Citation

  • Golub, Alla A. & Hertel, Thomas W. & Rose, Steven K. & Sohngen, Brent, 2008. "Biofuel Growth: Global Greenhouse Gas Emissions Impacts from Changes in Forest Carbon Stocks," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 47450, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea08:47450
    DOI: 10.22004/ag.econ.47450
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    1. Taheripour, Farzad & Hertel, Thomas W. & Tyner, Wallace E. & Beckman, Jayson F. & Birur, Dileep K., 2008. "Biofuels and their By-Products: Global Economic and Environmental Implications," Conference papers 331685, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    2. 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.
    3. Sohngen, Brent & Golub, Alla & Hertel, Thomas, 2008. "The Role of Forestry in Carbon Sequestration in General Equilibrium Models," GTAP Working Papers 2610, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University.
    4. Hertel, Thomas W. & Tyner, Wallace E. & Birur, Dileep K., 2008. "Biofuels for all? Understanding the Global Impacts of Multinational Mandates," Conference papers 331729, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    5. 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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