Reducing Deforestation and Trading Emissions: Economic Implications for the post-Kyoto Carbon Market


Anger, Niels ; Sathaye, Jayant


[img]
Preview
PDF
dp08016.pdf - Published

Download (294kB)

URL: http://ub-madoc.bib.uni-mannheim.de/1919
URN: urn:nbn:de:bsz:180-madoc-19190
Document Type: Working paper
Year of publication: 2008
Publication language: English
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: Q58 Q23 D61 C60 ,
Subject headings (SWD): Klimaschutz , Rodung , Aufforstung , Kosten-Nutzen-Analyse , Umweltzertifikathandel
Keywords (English): Climate Change , Kyoto Protocol , Emissions Trading , Deforestation
Abstract: This paper quantitatively assesses the economic implications of crediting carbon abatement from reduced deforestation for the emissions market in 2020 by linking a numerical equilibrium model of the global carbon market with a dynamic partial equilibrium model of the forestry sector. We find that integrating avoided deforestation in international emissions trading considerably decreases the costs of post-Kyoto climate policy – even when accounting for conventional abatement options of developing countries under the CDM. At the same time, tropical rainforest regions receive substantial net revenues from exporting carbon-offset credits to the industrialized world. Moreover, reduced deforestation can increase environmental effectiveness by enabling industrialized countries to tighten their carbon constraints without increasing mitigation costs. Regarding uncertainties of this future carbon abatement option, we find both forestry transaction costs and deforestation baselines to play an important role for the post-Kyoto carbon market.
Additional information:

Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




+ Citation Example and Export

Anger, Niels ; Sathaye, Jayant (2008) Reducing Deforestation and Trading Emissions: Economic Implications for the post-Kyoto Carbon Market. Open Access [Working paper]
[img]
Preview


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item