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Saturday, 8 April 2017

Carbon credits and the forest sector

Author

Guillaume Pajot
Scandinavian Forest Economics: Proceedings of the Biennial Meeting of the Scandinavian Society of Forest Economics, 8-11, issue 41
Abstract: In the context of Kyoto Protocol, forests can be used to create carbon credits. Contrary to the energetic sector where emissions reductions are considered as definitive, managing forests to mitigate climate change has been crticised because of the risks of reversibility. Biological carbon sinks are said to be non permanent. So, how can we compare carbon emissions reductions to carbon sequestration by sinks? What is the value of the carbon credits issued from forestry? In this study, we consider the debate surrounding carbon credits attribution. As a first step, we recall methods that have been suggested. Results of a case study dealing with a forest located in southwestern France are presented in the second part of the paper. In a final discussion, we wonder about financial impact of different geopolitical strategies.
Keywords: Biological sinkssequestration non permanencecarbon sinks valuation.Environmental Economics and PolicyLand Economics/Use (search for similar items in EconPapers)
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