Rent seeking and the smoke and mirrors game in the creation of forest sector carbon credits an example from British Columbia Cover Image

E-book

Rent seeking and the smoke and mirrors game in the creation of forest sector carbon credits [electronic resource] : an example from British Columbia / G. Cornelis van Kooten, Tim Bogle, Frans P. de Vries.

Van Kooten, G. Cornelis. (Author). Bogle, Tim. (Added Author). de Vries, Frans P. (Added Author). University of Victoria (B.C.). Resource Economics & Policy Analysis Research Group. (Added Author). Canadian Electronic Library (Firm) (Added Author).

Summary:

From a cost standpoint and as demonstrated in this paper, it is beneficial to permit forest-sector carbon offsets in lieu of carbon dioxide emissions reduction. Such offsets play a role in voluntary markets and Europe's Emission Trading System. However, problems related to additionality, leakages, duration and impermanence, high transaction costs, and governance raise important questions about the validity of most carbon offset credits from forestry. Using data for a forest estate in south-eastern British Columbia owned by the Natural Conservancy of Canada (NCC), we construct a forest management model to demonstrate that the planned NCC management program yields questionable forest carbon offsets.

Record details

Physical Description: 1 electronic text (37 p.) : col. ill., tables, digital file.
Publisher: Victoria, B.C. : Resource Economics & Policy Analysis Research Group, Department of Economics, University of Victoria, 2012

Content descriptions

General Note:	"August 2012." Issued as part of the desLibris documents collection.
Bibliography, etc. Note:	Includes bibliographical references (p. 26-28).
System Details Note:	Mode of access: World Wide Web.