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Carbon-Accounting Methods and Reforestation Incentives

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  • Cacho, Oscar J.
  • Hean, Robyn L.
  • Wise, Russell M.
Abstract
The emission of greenhouse gases, particularly carbon dioxide, and the consequent potential for climate change are the focus of increasing international concern. Eventually, an international agreement will likely be enacted to reduce greenhouse gas emission levels and assign rules for emission trading within and between countries. Temporary land-use change and forestry projects (LUCF) can be implemented to offset permanent emissions of carbon dioxide from the energy sector. Several approaches to accounting for carbon sequestration in LUCF projects have been proposed. In this paper, the economic implications of adopting some of these approaches are evaluated in a normative context, based on simulation of Australian farm-forestry systems.

Suggested Citation

  • Cacho, Oscar J. & Hean, Robyn L. & Wise, Russell M., 2002. "Carbon-Accounting Methods and Reforestation Incentives," 2002 Conference (46th), February 13-15, 2002, Canberra, Australia 125067, Australian Agricultural and Resource Economics Society.
    • Handle: RePEc:ags:aare02:125067
    DOI: 10.22004/ag.econ.125067
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    References listed on IDEAS

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