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Faustmann and the Climate
Hoel, Michael; Holtsmark, Bjart; Holtsmark, Katinka - CESifo - 2012
The paper presents an adjusted Faustmann Rule for optimal harvest of a forest when there is a social cost of carbon emissions. The theoretical framework takes account of the dynamics and interactions of forests’ multiple carbon pools and assumes an infinite time horizon. Our paper provides a...
Persistent link: https://www.econbiz.de/10010877686
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Technology Agreements with Heterogeneous Countries
Hoel, Michael; Zeeuw, Aart de - CESifo - 2014
emission reductions but cooperates on the development of new, climate friendly technologies that reduce the costs of abatement …
Persistent link: https://www.econbiz.de/10010877987
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Supply Side Climate Policy and the Green Paradox
Hoel, Michael - CESifo - 2013
The focus of the green paradox literature has been either on demand-side climate policies or on effects of … no green paradox if supply-side climate policies are aimed at high-cost carbon reserves. If instead low-cost reserves are … removed, the possibility that both early and total emissions increase cannot be ruled out. Hence, "wrong" supply-side climate …
Persistent link: https://www.econbiz.de/10010607473
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Wood-Based Bioenergy
Hoel, Michael; Sletten, Thea Marcelia - CESifo - 2014
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...
Persistent link: https://www.econbiz.de/10010752161
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Back to Kyoto? US Participation and the Linkage between R&D and Climate Cooperation
Buchner, Barbara; Carraro, Carlo; Cersosimo, Igor; … - CESifo - 2002
and in actual policymaking, is to link negotiations on climate change control with decisions concerning international R … strategy, and on the other hand the incentives for the US to join a coalition which cooperates both on climate change control …
Persistent link: https://www.econbiz.de/10005406394