Elofsson, Katarina
- Department of Economics, Swedish University of Agricultural Sciences
Abstract
The purpose of this paper is to investigate policy instruments for interdependent carbon pools and how they can be applied in the EU climate policy to 2050. Cost-effective policy instruments for forest products which are adjusted for the impact on carbon pools are identified. A numerical, dynamic, chance-constrained model including the EU-27 countries shows that inclusion of only one forest carbon pool can reduce costs and increase emission reductions. Results also suggest that decentralized policy instruments for both carbon pools are less costly than uniform instruments at the EU level.
Keywords
EU; climate policy; carbon sequestration; bioenergy; timber; policy instruments
Published in
Working Paper Series / Swedish University of Agricultural Sciences, Department of Economics
2014, number: 2014:7
Publisher: Department of Economics, Swedish University of Agricultural Sciences
SLU Authors
Gren, Ing-Marie
- Department of Economics, Swedish University of Agricultural Sciences
- Department of Economics, Swedish University of Agricultural Sciences
UKÄ Subject classification
Economics
Permanent link to this page (URI)
https://res.slu.se/id/publ/61078