Home About Browse Search
Svenska


Is forest sequestration at the expense of bioenergy and forest products cost-effective in EU climate policy to 2050?

Munnich, Miriam and Elofsson, Katarina (2016). Is forest sequestration at the expense of bioenergy and forest products cost-effective in EU climate policy to 2050? Journal of forest economics. 24, 82-105
[Journal article]

[img]
Preview
PDF - Published Version
Available under License Creative Commons Attribution Non-commercial No Derivatives.

1MB

Abstract

Forest management affects the quantity of CO2 emissions in the atmosphere through carbon sequestration in standing biomass, carbon storage in forest products and production of bioenergy. The main question studied in this paper is whether forest carbon sequestration is worth increasing at the expense of bioenergy and forest products to achieve the EU emissions reduction target for 2050 in a cost-efficient manner. A dynamic cost minimisation model is used to find the optimal combination of carbon abatement strategies to meet annual emissions targets between 2010 and 2050. The results indicate that forest carbon sequestration is a low-cost abatement method. With sequestration, the net present costs of meeting EU carbon targets can be reduced by 23%.

Authors/Creators:Munnich, Miriam and Elofsson, Katarina
Title:Is forest sequestration at the expense of bioenergy and forest products cost-effective in EU climate policy to 2050?
Series/Journal:Journal of forest economics (1104-6899)
Year of publishing :2016
Volume:24
Page range:82-105
Number of Pages:24
Publisher:Elsevier
ISSN:1104-6899
Language:English
Publication Type:Journal article
Refereed:Yes
Article category:Scientific peer reviewed
Version:Published version
Full Text Status:Public
Subjects:(A) Swedish standard research categories 2011 > 4 Agricultural Sciences > 401 Agricultural, Forestry and Fisheries > Forest Science
(A) Swedish standard research categories 2011 > 5 Social Sciences > 502 Economics and Business > Economics
Agrovoc terms:bioenergy, forestry, carbon cycle
Keywords:Bioenergy, Cost-efficiency, Dynamic optimisation, EU, Climate policy, Forest carbon sequestration
Additional ID:
Type of IDID
DOI10.1016/j.jfe.2016.04.002
ID Code:14032
Faculty:NJ - Fakulteten för naturresurser och jordbruksvetenskap
Department:(NL, NJ) > Dept. of Economics
Deposited By: SLUpub Connector
Deposited On:14 Feb 2017 09:27
Metadata Last Modified:14 Feb 2017 09:27

Repository Staff Only: item control page

Downloads

Downloads per year (since September 2012)

View more statistics

Downloads
Hits