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Assessing the welfare effects of promoting biomass growth and the use of bioenergy
Umeå University, Faculty of Social Sciences, Center for Environmental and Resource Economics (CERE).
Umeå University, Faculty of Social Sciences, Center for Environmental and Resource Economics (CERE).
2013 (English)In: Climate Change Economics, ISSN 2010-0078, E-ISSN 2010-0086, Vol. 4, no 1, 1350003- p.Article in journal (Refereed) Published
Abstract [en]

Using a growth model that accounts for environmental and climate externalities, we take a closer look at the welfare effects of promoting biomass growth and the use of bioenergy, and especially the role of carbon neutrality. As an illustration, a hypothetical intensive forest cultivation project is simulated. Costs and benefits of the project show that only determining the postive effects of promoting biomass growth and the use of bioenergy, such as substitution away from fossil fuels and carbon sequestration is not sufficient. But more importantly, to achieve a balanced measure of the effects on the climate, we must also incorporate all carbon emissions that are associated with bioenergy. Not doing so will over-estimate the positive climate effects of increasing the use of bioenergy.Read 

Place, publisher, year, edition, pages
World Scientific Publishing , 2013. Vol. 4, no 1, 1350003- p.
Keyword [en]
Bioenergy, carbon neutrality, dynamic envelope theorem
National Category
Economics
Identifiers
URN: urn:nbn:se:umu:diva-88437DOI: 10.1142/S2010007813500036OAI: oai:DiVA.org:umu-88437DiVA: diva2:715691
Available from: 2014-05-06 Created: 2014-05-06 Last updated: 2017-12-05Bibliographically approved

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Lundgren, TommyMarklund, Per-Olov
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CiteExportLink to record
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Citation style
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  • de-DE
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  • asciidoc
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