Land-use change and carbon sinks: Econometric estimation of the carbon sequestration supply function

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Increased attention by policy makers to the threat of global climate change has brought with it considerable interest in the possibility of encouraging the expansion of forest area as a means of sequestering carbon dioxide. The marginal costs of carbon sequestration or, equivalently, the carbon sequestration supply function will determine the ultimate effects and desirability of policies aimed at enhancing carbon uptake. In particular, marginal sequestration costs are the critical statistic for identifying a cost-effective policy mix to mitigate net carbon dioxide emissions. We develop a framework for conducting an econometric analysis of land use for the forty-eight contiguous United ... continued below

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Lubowski, Ruben N.; Plantinga, Andrew J. & Stavins, Robert N. January 1, 2001.

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This report is part of the collection entitled: Office of Scientific & Technical Information Technical Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 28 times , with 4 in the last month . More information about this report can be viewed below.

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Increased attention by policy makers to the threat of global climate change has brought with it considerable interest in the possibility of encouraging the expansion of forest area as a means of sequestering carbon dioxide. The marginal costs of carbon sequestration or, equivalently, the carbon sequestration supply function will determine the ultimate effects and desirability of policies aimed at enhancing carbon uptake. In particular, marginal sequestration costs are the critical statistic for identifying a cost-effective policy mix to mitigate net carbon dioxide emissions. We develop a framework for conducting an econometric analysis of land use for the forty-eight contiguous United States and employing it to estimate the carbon sequestration supply function. By estimating the opportunity costs of land on the basis of econometric evidence of landowners' actual behavior, we aim to circumvent many of the shortcomings of previous sequestration cost assessments. By conducting the first nationwide econometric estimation of sequestration costs, endogenizing prices for land-based commodities, and estimating land-use transition probabilities in a framework that explicitly considers the range of land-use alternatives, we hope to provide better estimates eventually of the true costs of large-scale carbon sequestration efforts. In this way, we seek to add to understanding of the costs and potential of this strategy for addressing the threat of global climate change.

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Medium: P; Size: vp.

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OSTI as DE00771286

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  • Other Information: PBD: 1 Jan 2001

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  • Report No.: NONE
  • Grant Number: FG02-99ER62742
  • DOI: 10.2172/771286 | External Link
  • Office of Scientific & Technical Information Report Number: 771286
  • Archival Resource Key: ark:/67531/metadc718510

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  • January 1, 2001

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  • Sept. 29, 2015, 5:31 a.m.

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  • March 22, 2016, 2:42 p.m.

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Lubowski, Ruben N.; Plantinga, Andrew J. & Stavins, Robert N. Land-use change and carbon sinks: Econometric estimation of the carbon sequestration supply function, report, January 1, 2001; United States. (digital.library.unt.edu/ark:/67531/metadc718510/: accessed September 23, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.