GTAP Resources: Resource Display
| GTAP Resource #6807 |
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"Logs or Permits? Forestry Land Use Decisions in an Emissions Trading Scheme" by White, Dominic and Niven Winchester Abstract Negative carbon emissions options are required to meet long-term climate goals in many countries. One way to incentivise these options is by paying farmers for carbon sequestered by forests through an emissions trading scheme. New Zealand has a comprehensive emissions trading scheme which includes incentives for farmers to plant permanent exotic forests. We use an economy-wide model, a forestry model, and land use change functions to measure the expected proportion of farmers with trees at harvesting age that will change land use from production to permanent forests in New Zealand from 2014 to 2050. We also estimate the impacts on carbon sequestration, the carbon price, gross emissions, GDP, and welfare. We find that even if the responsiveness of forestry owners to the carbon price is "low", there is a significant amount of carbon sequestered by forests by 2050. This is because, if foresters decide not to switch to permanent forests in one year, carbon prices and ultimately incentives to convert to permanent forests will be higher in future years. |
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- Model extension/development - Climate change policy - Land use - GTAP Data Base and extensions - Other data bases and data issues - Domestic policy analysis - Oceania |
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If you have trouble accessing any of the attachments below due to disability, please contact the authors listed above.
Public Access  Logs or Permits? Forestry Land Use Decisions in an Emissions Trading Scheme (376.5 KB) Replicated: 0 time(s)Restricted Access No documents have been attached. Special Instructions No instructions have been specified. |
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Last Modified: 9/15/2023 2:05:45 PM
