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Title: Carbon-accounting methods and reforestation incentives
Contributor(s): Cacho, OJ  (author)orcid ; Hean, RL (author); Wise, RM (author)
Publication Date: 2003
DOI: 10.1111/1467-8489.00208
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Abstract: The emission of greenhouse gases, particularly carbon dioxide, and the consequent potential for climate change are the focus of increasing international concern. Temporary land-use change and forestry projects (LUCF) can be implemented to offset permanent emissions of carbon dioxide from the energy sector. Several approachesto accounting for carbon sequestration in LUCF projects have been proposed. In the present paper, the economic implications of adopting four of these approaches are evaluated in a normative context. The analysis is based on simulation of Australianfarm–forestry systems. Results are interpreted from the standpoint of both investors and landholders. The role of baselines and transaction costs are discussed.
Publication Type: Journal Article
Source of Publication: The Australian Journal of Agricultural and Resource Economics, 47(2), p. 153-179
Publisher: Blackwell Publishing
Place of Publication: Australia
ISSN: 1364-985X
Field of Research (FOR): 140205 Environment and Resource Economics
Peer Reviewed: Yes
HERDC Category Description: C1 Refereed Article in a Scholarly Journal
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