Carbon and market effects of U.S. forest taxation policy

Daigneault, Adam; Sohngen, Brent; Sedjo, Roger A.

doi:10.1016/j.ecolecon.2020.106803

Cited by 15 publications

(3 citation statements)

References 27 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Climate change policies should pay more attention to areas with rich primary productivity. A forest carbon sink is an important mechanism of climate change and forest management strategies can contribute to broader societal economic and environmental goals (Daigneault, Sohngen, & Sedjo, 2020;Daigneault & Favero, 2021). However, the priority of different forest management measures would have an impact on the forest ecosystem (Shapiro et al, 2021).…”

Section: Kyoto Protocol and Forest Carbon Sinksmentioning

confidence: 99%

Does the Kyoto Protocol as an International Environmental Policy Promote Forest Carbon Sinks?

Lin

2021

Journal of Global Information Management

View full text Add to dashboard Cite

Under the background of carbon neutrality, the carbon sequestration of forest ecosystems is an important way to mitigate climate change. Forest could not only protect the environment but also an important industry for economic development. As an international climate policy that first recognized the role of forest carbon sinks on climate change, the question becomes, has the Kyoto Protocol promoted the development of forest carbon sinks in contracting parties? To explore this, data of forest can be obtained at the national level. Hence, data of economic, social, polity and climate in 147 countries is also collected. The generalized synthetic control method is adopted. The results show that the policy effect of the Kyoto Protocol was obvious and significant. Moreover, the effect was more significant after the enforcement in 2005. Especially after the first commitment period, the policy effect of the second period is more obvious. Some policy implications are drawn.

show abstract

Section: Kyoto Protocol and Forest Carbon Sinksmentioning

confidence: 99%

Does the Kyoto Protocol as an International Environmental Policy Promote Forest Carbon Sinks?

Lin

2021

Journal of Global Information Management

View full text Add to dashboard Cite

show abstract

“…Only one mechanism in the review applies the tax exemptions and rebates instrument. Preferential forest property tax programs (PFPTPs) are applied in all the states of the U.S. PFPTPs are aimed at fostering ES by deferring, reducing, or eliminating property taxes on enrolled private forest lands [56]. In this way, private forest owners are incentivized to plant and sustainably manage forests.…”

Section: Tax Exemptions and Rebatesmentioning

confidence: 99%

Unravelling the Role of Institutions in Market-Based Instruments: A Systematic Review on Forest Carbon Mechanisms

Shen

Gatto

Pagliacci

2023

Forests

View full text Add to dashboard Cite

Forest ecosystems provide various services that are crucial to human beings, in which carbon sequestration and storage is one of them with the most market potential and is usually governed by market-based instruments (MBIs). MBIs do not operate alone but in the hybrid governance arrangements. While the importance of public institutions has been identified, there is still a need to examine the specific role of public institutions in the market-oriented mechanism. Our work seeks answers to this question. This meta-study presents an up-to-date picture of MBIs targeted at forest carbon, in which 88 mechanisms are synthesized in a quantitative database. We analyze and discuss policy design features of these mechanisms and group them into nine types of MBIs. We find that many instruments coexist and/or interact with other instruments. In light of these results, we introduce the concept of policy mix and argue that the interplay among policy instruments can be complementary or interdependent. Using cluster analysis to identify underlying patterns, we reconfirm previous findings that there are distinct differences between public and private PES schemes, but also recognize a new cluster and label it as a ‘legally binding mechanism’. We discover that the role of public institutions is pronounced in the forest carbon mechanisms, and they can be the buyer, seller, regulator, coordinator, intermediary, and facilitator. Besides, public institutions tend to play an increasing role in the future climate policy arena. We believe that public institutions should stand out and create enabling conditions for private governance and finance.

show abstract

“…A climate agreement was reached at COP26 in the United Kingdom, which was the first explicit plans to reduce coal use [1]. The United States of America also set a goal of zero carbon electricity by 2035 [2]. In addition, the European Union adopts binding legislation to guarantee climate neutrality by 2050 [3].…”

Section: Introductionmentioning

confidence: 99%

Differences of Carbon Emission Efficiency in the Belt and Road Initiative Countries

Sun

Bai

2022

Energies

View full text Add to dashboard Cite

Carbon emission efficiency, which is mainly affected by economic output, energy efficiency and energy structure, is the effect of carbon emissions generated in economic activities. Improving carbon emission efficiency and narrowing regional differences are very important for green development in Belt and Road Initiative regions with developing countries as the main body. The existing literature mostly uses the Theil index to study the temporal differences in carbon emission efficiency, but spatial differences and the reasons for the differences have rarely been examined. This paper measures the differences of carbon emission efficiency using the Theil index and examines the reasons based on the Logarithmic Mean Divisia index (LMDI) method in five groups of 60 Belt and Road Initiative countries. The results show that the Theil index of carbon emission efficiency in these countries is 0.196, with an intra-group difference of 0.165 and an inter-group difference of 0.031. Between most of the groups, energy efficiency is the dominant factor affecting carbon emission efficiency differences, especially between East Asia and Central and Eastern Europe, South Asia and East Asia. Between most of the countries with the highest and lowest carbon emission efficiency in the same group, such as Singapore and Vietnam in East Asia, energy efficiency is still the primary factor affecting the differences. Only some differences between a few groups, countries and sectors have been caused mainly by energy structures. Therefore, improving energy efficiency is the first way for those countries with low carbon emission efficiency to catch up other countries with high carbon emission efficiency, followed by improving the energy structure.

show abstract

Carbon and market effects of U.S. forest taxation policy

Cited by 15 publications

References 27 publications

Does the Kyoto Protocol as an International Environmental Policy Promote Forest Carbon Sinks?

Does the Kyoto Protocol as an International Environmental Policy Promote Forest Carbon Sinks?

Unravelling the Role of Institutions in Market-Based Instruments: A Systematic Review on Forest Carbon Mechanisms

Differences of Carbon Emission Efficiency in the Belt and Road Initiative Countries

Contact Info

Product

Resources

About