ConserveOnline - Forestry and the Carbon Market Response to Climate Change

Forestry and the Carbon Market Response to Climate Change

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This paper investigates the potential contribution of forestry management in meeting a CO2 stabilization policy of 550 ppmv by 2100. Results show that forestry is a determinant abatement option and could lead to significantly lower policy costs if included. Linking forestry management to the carbon market has the potential to delay the policy burden, and is expected to reduce the price of carbon of 40% by 2050. Biological sequestration will mostly come from avoided deforestation in tropical forests rich countries. The inclusion of this mitigation option is demonstrated to crowd out some of the traditional abatement in the energy sector and to lessen induced technological change in clean technologies. Authors: M. Tavoni, B. Sohngen, and V. Bossetti; Year: 2007

CREATION DATE	January 31, 2008
LAST MODIFIED	January 31, 2008
CREATED BY	Web Admin
KEYWORDS	REDD Economics
LICENSE	Attribution Non-Commercial