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The Economic Challenge of Mitigating Climate Change through Forestry Activities

Gerrit van Kooten

No 257809, 2017 International Congress, August 28-September 1, 2017, Parma, Italy from European Association of Agricultural Economists

Abstract: In this study, the price of carbon offset credits is used for incentivizing a reduction in the release of CO2 emissions and an increase in sequestration of CO2 through forestry activities. A forest management model representative of the southern interior of British Columbia is described. The objective is to maximize net discounted returns to commercial timber operations plus the benefits of managing carbon fluxes. The model tracks carbon in living trees, organic matter, and post-harvest carbon pools. The decision about which forestry activities generate carbon offset credits and how many is essentially a political and not a scientific one.

Keywords: Environmental Economics and Policy; Land Economics/Use; Resource /Energy Economics and Policy (search for similar items in EconPapers)
Pages: 13
Date: 2017-06-06
New Economics Papers: this item is included in nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae17:257809

DOI: 10.22004/ag.econ.257809

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