The Relative Role of Land in Climate Policy

Alla Golub, Thomas Hertel, Steven K. Rose, Brent Sohngen and Misak Avetisyan ()

No 49513, 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin from Agricultural and Applied Economics Association

Abstract: Land-based activities are responsible for a large part of global greenhouse gas (GHG) emissions, yet the economics of land-use decisions have rarely been explicitly modeled in global mitigation studies. This paper integrates the analysis of land use related non-CO2 emissions and carbon forest sequestration with more conventional analyses of CO2 emissions from fossil fuel combustion to provide a comprehensive assessment of the relative role of land in global GHG emissions and mitigation. For this paper, we utilize a new general equilibrium framework which effectively captures the opportunity costs of land-use decisions in agriculture and forestry, the implications of these decisions for GHG emissions, as well as mitigation options in agriculture and forestry. By combining this with a more conventional analysis of fossil fuel-based CO2 emissions mitigation, we are able to analyze trade-offs and feedbacks between GHG emissions reductions in land-based and fossil fuel combustion intensive sectors. We explore the general equilibrium effects when land rents are endogenous and large-scale adoption of mitigation technologies produces feedbacks across sectors and regions.

Keywords: Environmental; Economics; and; Policy (search for similar items in EconPapers)
Pages: 20
Date: 2009
New Economics Papers: this item is included in nep-ene and nep-env
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/49513/files/AAEA2009_golub.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea09:49513

DOI: 10.22004/ag.econ.49513

Access Statistics for this paper

More papers in 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().