Arbeitspapier

Wood-Based Bioenergy

During recent years increased attention has been given to second-generation wood-based bioenergy. The carbon stored in the forest is highest when there is little or no harvest from the forest. Increasing the harvest from a forest, in order to produce more bioenergy, may thus conflict with the direct benefit of the forest as a carbon sink. We analyze this conflict using a simple model where bioenergy and fossil energy are perfect substitutes. Our analysis shows how the social optimum will depend on the social cost of carbon, and how the social optimum may be obtained by suitable taxes and subsidies.

Language
Englisch

Bibliographic citation
Series: CESifo Working Paper ; No. 4686

Classification
Wirtschaft
Nonrenewable Resources and Conservation: General
Alternative Energy Sources
Climate; Natural Disasters and Their Management; Global Warming
Environmental Economics: Government Policy
Subject
climate
carbon
bioenergy

Event
Geistige Schöpfung
(who)
Hoel, Michael
Sletten, Thea Marcelia
Event
Veröffentlichung
(who)
Center for Economic Studies and ifo Institute (CESifo)
(where)
Munich
(when)
2014

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hoel, Michael
  • Sletten, Thea Marcelia
  • Center for Economic Studies and ifo Institute (CESifo)

Time of origin

  • 2014

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