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Is forest carbon sequestration at the expense of bioenergy and forest products cost-efficient in EU climate policy to 2050?
Swedish University of Agricultural Sciences.
Swedish University of Agricultural Sciences.ORCID iD: 0000-0003-1653-3437
2016 (English)In: Journal of Forest Economics, ISSN 1104-6899, E-ISSN 1618-1530, Vol. 24, p. 82-105Article in journal (Refereed) Published
Abstract [en]

Forest management affects the quantity of CO2 emissions in the atmosphere through carbon sequestration in standing biomass, carbon storage in forest products and production of bioenergy. The main question studied in this paper is whether forest carbon sequestration is worth increasing at the expense of bioenergy and forest products to achieve the EU emissions reduction target for 2050 in a cost-efficient manner. A dynamic cost minimisation model is used to find the optimal combination of carbon abatement strategies to meet annual emissions targets between 2010 and 2050. The results indicate that forest carbon sequestration is a low-cost abatement method. With sequestration, the net present costs of meeting EU carbon targets can be reduced by 23%. 

Place, publisher, year, edition, pages
2016. Vol. 24, p. 82-105
Keywords [en]
Bioenergy, Cost-efficiency, Dynamic optimisation, EU, Climate policy, Forest carbon sequestration
National Category
Forest Science
Identifiers
URN: urn:nbn:se:sh:diva-36589DOI: 10.1016/j.jfe.2016.04.002ISI: 000396377500006Scopus ID: 2-s2.0-84975467501OAI: oai:DiVA.org:sh-36589DiVA, id: diva2:1258037
Funder
Swedish Energy Agency, 354444-1Available from: 2018-10-23 Created: 2018-10-23 Last updated: 2018-10-23Bibliographically approved

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Elofsson, Katarina

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  • en-US
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  • nn-NB
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