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Cost-efficient climate policies for interdependent carbon pools

Elofsson, Katarina and Gren, Ing-Marie (2018). Cost-efficient climate policies for interdependent carbon pools. Environmental modelling & software. 101 , 86-101
[Journal article]

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Official URL: https://doi.org/10.1016/j.envsoft.2017.12.006

Abstract

The purpose of this paper is to investigate cost-effective climate policy instruments for bioenergy and timber, adapted to the impacts on interdependent forest carbon pools, and applied in the EU climate policy to 2050. We develop a discrete time dynamic model including forest carbon pools in biomass, soil, and products, as well as fossil fuel consumption. The analytical results show that the optimal taxes on forest products depend on the growth in the respective carbon pool. The application to the EU 2050 climate policy for emission trading shows that total costs for target achievement can be reduced by 33 percent if all carbon pools are included, and the carbon tax on fossil fuel can be reduced by 50 percent. Optimal taxes on forest products differ among countries and over time depending on the potential for increased carbon sequestration over the planning period. (C) 2017 The Authors. Published by Elsevier Ltd.

Authors/Creators:Elofsson, Katarina and Gren, Ing-Marie
Title:Cost-efficient climate policies for interdependent carbon pools
Series/Journal:Environmental modelling & software (1364-8152)
Year of publishing :2018
Volume:101
Page range:86-101
Number of Pages:16
Publisher:Elsevier
ISSN:1364-8152
Language:English
Publication Type:Journal article
Refereed:Yes
Article category:Scientific peer reviewed
Version:Published version
Copyright:Creative Commons: Attribution-Noncommercial-No Derivative Works 4.0
Full Text Status:Public
Subjects:(A) Swedish standard research categories 2011 > 4 Agricultural Sciences > 405 Other Agricultural Sciences > Environmental Sciences related to Agriculture and Land-use
(A) Swedish standard research categories 2011 > 5 Social Sciences > 506 Political Science > Public Administration Studies
Agrovoc terms:economic analysis, wood, bioenergy, carbon cycle, climate
Keywords:EU, Climate policy, Carbon sequestration, Bioenergy, Timber, Policy instruments
URN:NBN:urn:nbn:se:slu:epsilon-e-4790
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-e-4790
Additional ID:
Type of IDID
DOI10.1016/j.envsoft.2017.12.006
Web of Science (WoS)000424826300008
ID Code:15344
Faculty:NJ - Fakulteten för naturresurser och jordbruksvetenskap
Department:(NL, NJ) > Dept. of Economics
Deposited By: SLUpub Connector
Deposited On:06 Mar 2018 07:56
Metadata Last Modified:09 Sep 2020 14:17

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