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
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Englisch
- Bibliographic citation
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Series: CESifo Working Paper ; No. 4686
- Classification
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Wirtschaft
Nonrenewable Resources and Conservation: General
Alternative Energy Sources
Climate; Natural Disasters and Their Management; Global Warming
Environmental Economics: Government Policy
- Subject
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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