Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/70427
Authors: 
Murray, Brian C.
McCarl, Bruce A.
Lee, Heng-Chi
Year of Publication: 
2003
Series/Report no.: 
Research Report, Department of Economics, University of Western Ontario 2004-3
Abstract: 
Leakage from forest carbon sequestrationthe amount of a program's direct carbon benefits undermined by carbon releases elsewheredepends critically on demanders' ability to substitute non-reserved timber for timber targeted by the program. Analytic, econometric, and sector-level optimization models are combined to estimate leakage from different forest carbon sequestration activities. Empirical estimates for the U.S. show leakage ranges from minimal (<10 percent) to enormous (>90 percent), depending on the activity and region. These results suggest that leakage effects should not be ignored in accounting for the net level of greenhouse gas offsets from land use change and forestry mitigation activities.
Subjects: 
forestry
climate change mitigation
land use change
JEL: 
Q23
Q24
Document Type: 
Working Paper

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