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GTAP Resource #5730

"The economic and emissions benefits of engineered wood products in a low-carbon future"
by Winchester, Niven and John Reilly

There has been rapid growth in the use of engineered wood products in the construction sector in recent decades. We evaluate the economy-wide impacts of replacing carbon-intensive construction inputs, such as steel and cement, with lumber products in the US under an emissions constraint. We find that the ability to substitute lumber-based building materials increases production from the lumber and forestry sectors and decreases production from carbon-intensive sectors such as cement. Under a carbon cap-and-trade policy, the ability to substitute lumber products lowers the carbon price and the GDP cost of meeting the carbon cap, with more overall emissions abatement in the construction industry.

Resource Details (Export Citation) GTAP Keywords
Category: 2019 Conference Paper
Status: Published
By/In: Presented at the 22nd Annual Conference on Global Economic Analysis, Warsaw, Poland
Date: 2019
Created: Winchester, N. (4/9/2019)
Updated: Winchester, N. (4/9/2019)
Visits: 1,667
- Climate change policy
- Land use
- North America

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