On the economics of forests and climate change: Deriving optimal policies

Lintunen, Jussi; Uusivuori, Jussi

doi:10.1016/j.jfe.2016.05.001

Cited by 9 publications

(17 citation statements)

References 66 publications

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“…Indeed, it would be double‐counting to reward wood use for displacing fossil emissions in addition to giving it a tax advantage over fossil fuels. This finding is in line with Lintunen and Uusivuori ().…”

Section: Discussionsupporting

confidence: 92%

“…The outlined policy is not a unique way to organize the incentives. Other ways of subsidizing removals and taxing emissions also lead to the optimal outcome, as long as carbon fluxes are fully covered and optimally priced (Lintunen & Uusivuori, ). For example, fossil fuel emissions may be taxed at the end of the smokestack rather than in the fuel price (see.…”

Section: Discussionmentioning

confidence: 99%

“…The consumer gets cheaper biomass but has to pay a higher tax for the emissions from input use. The two changes cancel each other (Lintunen & Uusivuori, ). With this tax structure, the emissions advantage over nonrenewables is reflected in input prices (rather than taxes as in ( v )–( vi )).…”

Section: Discussionmentioning

confidence: 99%

“…Soil carbon regulation in single‐stand even‐aged forest management optimization has been considered by Hoel, Holtsmark, and Holtsmark (). It has also been included in certain forest sector models (e.g., Lintunen & Uusivuori, ; Tahvonen, ). However, these models do not include alternative land uses and thus neglect the carbon impacts of land use conversions.…”

Section: Introductionmentioning

confidence: 99%

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Carbon taxation of the land use sector—the economics of soil carbon

Rautiainen

Lintunen

Uusivuori

2017

Natural Resource Modeling

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Growing vegetation removes carbon from the atmosphere.This carbon is then stored in biomass, soils and products for varying lengths of time. We outline a comprehensive tax policy for jointly regulating these carbon stocks for climate change mitigation. The central role of soil carbon storage is emphasized. We present an analytical partial equilibrium land use sector model, which we use to derive the optimal allocation of land and biomass over time, taking into account the raw-material value of the produced biomass and the social value of carbon storage. The optimization yields a set of monetary shadow values for land and biomass carbon fluxes. These values can be interpreted as the fluxes' socially optimal prices and can thus be used to outline a comprehensive land use sector carbon tax policy. The taxation can be organized in various ways. We present a solution that is easy to implement and monitor in practice. As the policy jointly regulates all carbon stocks, carbon impact leakage between land uses and regions is prevented. K E Y W O R D SCarbon tax, land use, agriculture, forestry, soil, biomass, bioenergy, social cost of carbon Natural Resource Modeling. 2017;e12126.wileyonlinelibrary.com/journal/nrm

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Section: Discussionsupporting

confidence: 92%

Section: Discussionmentioning

confidence: 99%

Section: Discussionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

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Carbon taxation of the land use sector—the economics of soil carbon

Rautiainen

Lintunen

Uusivuori

2017

Natural Resource Modeling

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“…The general structure of our model is based on a market-level model by Salo and Tahvonen (2004) that includes two land uses but no externalities. The model has been extended to include carbon by Cunha-e-Sá, Rosa, and Costa-Duarte (2013), Lintunen and Uusivuori (2016), Rautiainen, Lintunen, and Uusivuori (2017), and Tahvonen and Rautiainen (2017). 4 Here, we extend it to include both carbon and albedo.…”

Section: Introductionmentioning

confidence: 99%

Market-Level Implications of Regulating Forest Carbon Storage and Albedo for Climate Change Mitigation

Rautiainen¹,

Lintunen²,

Uusivuori³

2018

Agric. Resour. Econom. Rev.

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We explore the optimal regulation of forest carbon and albedo for climate change mitigation. We develop a partial equilibrium market-level model with socially optimal carbon and albedo pricing and characterize optimal land allocation and harvests. We numerically assess the policy's market-level impacts on land allocation, harvests, and climate forcing, and evaluate how parameter choices (albedo strength, productivity of forest land, and carbon and albedo prices) affect the outcomes. Carbon pricing alone leads to an overprovision of climate benefits at the expense of food and timber production. Complementing the policy with albedo pricing reduces these welfare losses.

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The economics of forest carbon sequestration: a bibliometric analysis

Verma

Ghosh

2023

Environ Dev Sustain

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Carbon sequestration in forests has increasingly captured the attention of scientists as a strategy for climate change mitigation and environmental sustainability. In this era of huge carbon emission, being a low-carbon and cost-effective technology, the economic analysis of forest carbon sequestration holds higher importance for the successful implementation and intended outcomes. This study elucidates a scientometric view of the research structure and thematic evolution of economic studies on forest carbon sequestration based on 1,439 articles over the time slice 2001-2021. The bibliographic data has been retrieved from the Dimensions database which accommodates a large coverage of research publications and also provides easy access to essential scholarly data and information. Vosviewer and Biblioshiny software tools have opted for visualization and evaluation purposes of bibliometric data. This study employs various measures of bibliometric analysis like co-authorship, bibliographic coupling, citation and keyword analysis to nd out the principal articles, authors, journals, most frequent keywords and highest publishing countries and institutions in this eld and the results show that the number of publications has escalated substantially in the last ve years, Popp A, 2017 (305 citations) and André P C Faaij (11 documents) are the most cited article and the most productive author, respectively, Bradford's law calculates 21 core journals out of total 503 journals among which Forest Policy and Economics is on the top, and the most productive country and institution are the USA and University of Florida, respectively.The study also investigates key publishing subject categories and the number of publications covered under each Sustainable Development Goals. The overall outcome of this bibliometric study confers an indepth understanding of the various dimensions of economic analysis on forest carbon sequestration, its development pattern in the last 20 years and also provides emerging themes for future references.

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On the economics of forests and climate change: Deriving optimal policies

Cited by 9 publications

References 66 publications

Carbon taxation of the land use sector—the economics of soil carbon

Carbon taxation of the land use sector—the economics of soil carbon

Market-Level Implications of Regulating Forest Carbon Storage and Albedo for Climate Change Mitigation

The economics of forest carbon sequestration: a bibliometric analysis

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