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GTAP Resource #3042

"The Relative Role of Land in Climate Policy"
by Golub, Alla, Thomas Hertel, Steven Rose, Brent Sohngen and Misak Avetisyan


Abstract
Land-based activities are responsible for up to a third of global greenhouse gas (GHG) emissions, yet the economics of land-use decisions have rarely been explicitly modeled in global mitigation studies. This paper integrates the analysis of land use related non-CO2 emissions and carbon forest sequestration with more conventional analyses of CO2 emissions from fossil fuel combustion to provide a comprehensive assessment of the relative role of land in global GHG emissions and mitigation. For this paper, we develop a new, general equilibrium framework which effectively captures the opportunity costs of land-use decisions in agriculture and forestry, the implications of these decisions for GHG emissions, as well as mitigation options in agriculture and forestry. By combining this with a more conventional analysis of fossil fuel-based CO2 emissions mitigation, we are able to analyze trade-offs and feedbacks between GHG emissions reductions in land-based and fossil fuel combustion intensive sectors. We explore the general equilibrium effects when land rents are endogenous and large-scale adoption of mitigation technologies produces feedbacks across sectors and regions.


Resource Details (Export Citation) GTAP Keywords
Category: 2009 Conference Paper
Status: Published
By/In: Presented at the 12th Annual Conference on Global Economic Analysis, Santiago, Chile
Date: 2009
Version:
Created: Golub, A. (4/15/2009)
Updated: Golub, A. (4/15/2009)
Visits: 2,118
- Climate change policy


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