Carbon rentals and silvicultural subsidies for private forests as climate policy instruments

Canadian Journal of Forest Research

Volumn 37, Issue 12, 2007, Pages 2541-2551

  Uusivuori, Jussi ^a   Laturi, Jani ^a  

^a FINNISH FOREST RESEARCH INSTITUTE   (Finland)

Author keywords

[No Author keywords available]

Indexed keywords

CLIMATE CHANGE; ENVIRONMENTAL ENGINEERING; GROWTH KINETICS; HARVESTING;

CARBON RENTALS; SILVICULTURAL SUBSIDIES;

FORESTRY;

COST-BENEFIT ANALYSIS; ECONOMIC INSTRUMENT; ENVIRONMENTAL ECONOMICS; ENVIRONMENTAL POLICY; FOREST MANAGEMENT; FORESTRY MODELING; SILVICULTURE; STAND STRUCTURE; SUBSIDY SYSTEM;

CLIMATES; ENVIRONMENTAL REGULATIONS; FOREST PRODUCTS INDUSTRY; SILVICULTURE;

EID: 38849129516     PISSN: 00455067     EISSN: None     Source Type: Journal    
DOI: 10.1139/X07-071     Document Type: Article

References (21)

1. Adams, D.M., Alig, R.J., McCarl, B., Callaway, J.M., and Winnet, S. 1999. Minimum cost strategies for sequestering carbon in forests. Land Econ. 75: 360-374. doi:10.2307/3147183.
2. Berck, P. 1979. The economics of timber: a renewable resource in the long run. Bell J. of Economics, 10: 447-462.
3. Berck, P., and Bible, T. 1984. Solving and interpreting large-scale harvest scheduling problems by duality and decomposition. For. Sci. 30: 173-182.
4. Bowes, M., and Krutilla, J. 1985. Multiple-use management of public forestlands. In Handbook of natural resource and energy economics. Vol 2. Edited by A. Kneese and J. Sweeney. North-Holland, Amsterdam. pp. 531-569.
5. Englin, J., and Callaway, J.M. 1993. Global climate change and optimal forest management. Nat. Resour. Model. 7: 191-202.
6. European Energy Exchange (EEX). 2006. EU emission allowances [online]. Available from www.eex.de [accessed 27 June 2006].
7. Fang, J.Y., Wang, G.G., Liu, G.H., and Xu, S.L. 1998. Forest biomass of China: an estimate based on the biomass-volume relationship. Ecol. Appl. 8: 1084-1091.
8. Hoen, H.F., and Solberg, B. 1994. Potential and economic efficiency of carbon sequestrationin forest biomass through silvicultural management. For. Sci. 40: 429-451.
9. Intergovernmental Panel on Climate Change (IPCC). 2001. Climate change 2001: mitigation. Contribution of Working Group III to the Third Assessment Report of the Intergovernmental Panel on Climate Change. Cambridge University Press, Cambridge, UK.
10. Johansson, P.O., and Löfgren, K.-G. 1985. The economics of forestry and natural resources. Basil Blackwell, Oxford, UK.
11. Kauppi, P.E., Mielikainen, K., and Kuusela, K. 1992. Biomass and carbon budget of European forests, 1971 to 1990. Science (Washington, D.C.), 256: 70-74. doi:10.1126/science.256.5053.70.
12. Keeler, A. 2005. Sequestration rental policies and price path of carbon. Clim. Policy, 4: 419-425.
13. Lamlom, S.H., and Savidge, R.A. 2003. A reassessment of carbon content in wood: variation within and between 41 North American species. Biomass Bioenergy, 25: 381-388. doi:10.1016/S0961-9534(03)00033-3.
14. Mitra, T., and Wan, H. 1985. Some theoretical results on the economics of forestry. Rev. Econ. Stud. 52: 263-282.
15. Richards, K.R., and Stokes, C. 2004. A review of forest carbon sequestration cost studies: a dozen years of research. Clim. Change, 63: 1-48. doi:10.1023/B:CLIM.0000018503.10080.89.
16. Salo, S., and Tahvonen, O. 2002. On the optimality of a normal forest with multiple land classes. For. Sci. 48: 530-542.
17. Sedjo, R., and Lyon, K. 1990. The long-term adequacy of world timber supply. Resources for the future RFF, Washington, D.C.
18. Sedjo, R., Wisniewski, J., Sample, A., and Kinsman, J. 1995. The economics of managing carbon via forestry. Assessment of existing studies. Environ. Resour. Econ. 6: 139-165.
19. Sohngen, B., and Mendelsohn, R. 2003. An optimal control model of forest carbon sequestration. Am. J. Agric. Econ. 85: 448-457. doi:10.1111/1467-8276.00133.
20. Uusivuori, J., and Kuuluvainen, J. 2005. Harvesting decisions when a standing forest with multiple age-classes has value. Am. J. Agric. Econ. 87: 61-76. doi:10.1111/j.0002-9092.2005.00702.x.
21. van Kooten, G.C., Binkley, C.S., and Delcourt, G. 1995. Effect of carbon taxes and subsidies on optimal forest rotation age and supply of carbon services. Am. J. Agric. Econ. 77: 365-374. doi:10.2307/1243546.