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Forest and Forest Land Valuation: How to Value Forests and Forest Land to Include Carbon Costs and Benefits

  • Meade, Richard
  • Fiuza, Gabriel
  • Lu, Andrea
  • Boyle, Glenn
  • Evans, Lewis

New Zealand has introduced legislation to implement the world's first 'all sectors all gases' emissions trading scheme (ETS) as a way of reducing the country's greenhouse gas emissions. The Scheme is to retrospectively introduce a price for carbon emissions in forestry from 1 January 2008 and will phase in other sectors over time (notably agriculture from 2013). This report develops a methodology for valuing the impact of this change on forest and forest land value.

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File URL: http://purl.umn.edu/48163
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Paper provided by Australian Agricultural and Resource Economics Society in its series 2009 Conference (53rd), February 11-13, 2009, Cairns, Australia with number 48163.

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Date of creation: 2009
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Handle: RePEc:ags:aare09:48163
Contact details of provider: Postal: AARES Central Office Manager, Crawford School of Public Policy, ANU, Canberra ACT 0200
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