Effect of Carbon Taxes and Subsidies on Optimal Forest Rotation Age and Supply of Carbon Services
Bibliographic Data
| ID | 23317110 |
|---|---|
| Authors | G Cornelis Van Kooten (0000-0003-1780-7065, University of British Columbia Vancouver), Clark S Binkley (University of British Columbia Vancouver), Gregg Delcourt (University of British Columbia Vancouver) |
| Year | 1995 |
| Volume | 77 |
| Issue | 2 |
| Pages | 365-374 |
| Publication date | 1995-05-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | American Journal of Agricultural Economics (JOURNAL) |
| Journal identifiers | ISSN: 0002-9092 • E-ISSN: 1467-8276 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.2307/1243546 |
| OpenAlex | W2123297034 |
| Language | EN |
| Citations received | 102 |
Carbon taxes and subsidies will affect the optimal forest rotation and, consequently, the carbon stored in forests. Unlike the Hartman rotation, where externality benefits are a function of the volume of timber growing on a site at any time, carbon benefits are a function of the change in biomass. Theoretical and empirical results (for coastal British Columbia and northern Alberta) indicate that, under some tax regimes, it may be socially optimal never to harvest the trees. In general, inclusion of the external benefits from carbon uptake results in rotation ages only a bit longer than the financial (Faustmann) rotation age.
Agricultural economics · Biomass (ecology) · Carbon fibers · Carbon sequestration · Carbon tax · Economics · Externality · Greenhouse gas · Market economy · Microeconomics · Natural resource economics · Rotation (mathematics) · Subsidy · Climate Change Policy and Economics · Ecology · Economic and Environmental Valuation · Environmental Science · Forest Management and Policy · Mathematics
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Special Section
Private valuation of carbon sequestration in forest plantations
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| Unique citing works | 102 |
|---|---|
| Citations per year | 3,78 |
| Citation span | 1999 - 2025 (27) |
| Citation velocity | recent |
| Highly cited | Yes |
| Citation types | Neutral: 100 |