Carbon-accounting methods and reforestation incentives

The emission of greenhouse gases, particularly carbon dioxide, and the consequent potential for climate change are the focus of increasing international concern. Temporary land-use change and forestry projects (LUCF) can be implemented to offset permanent emissions of carbon dioxide from the energy sector. Several approaches to accounting for carbon sequestration in LUCF projects have been proposed. In the present paper, the economic implications of adopting four of these approaches are evaluated in a normative context. The analysis is based on simulation of Australian farm–forestry systems. Results are interpreted from the standpoint of both investors and landholders. The role of baselines and transaction costs are discussed.


Issue Date:
2003-06
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/116186
Published in:
Australian Journal of Agricultural and Resource Economics, Volume 47, Issue 2
Page range:
153-179
Total Pages:
27




 Record created 2017-04-01, last modified 2017-08-26

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