The purpose of this paper is to investigate policy instruments for interdependent carbon pools and how they can be applied in the EU climate policy to 2050. Cost-effective policy instruments for forest products which are adjusted for the impact on carbon pools are identified. A numerical,...

In this paper, a numerical model is developed where the role of species life history and age structure for the optimal management of a harvested resident species which is exposed to an invasive species. It is shown that reproduction and mortality characteristics of both species as well as age...

This paper presents a model for the analysis of the potential of carbon sinks in the EU Emissions Trading Scheme (ETS) under conditions of stochastic carbon sequestration by forest land. A partial equilibrium model is developed which takes into account both the ETS and national commitments....

Large emissions of greenhouse gases are expected to cause major environmental problems in the future. European policy makers have therefore declared that they aim to implement cost-efficient and fair policies to reduce carbon emissions. The purpose of this paper is to assess whether the cost of...

This paper carries out numerical calculations on the potential of carbon sinks in the EU Emissions Trading Scheme (ETS) and national commitments under conditions of stochastic carbon dioxide emissions from fossil fuels and carbon sequestration by forests. Chance constraint programming is used to...

Economic factors contribute to biodiversity directly through activities such as pollution and land use, and indirectly by affecting preferences and institutional capabilities of implementing mitigation measures. This paper tests the explanatory power of these different mechanisms on threats to...

The issue of timing and scope of policies to manage invasive species has achieved considerable attention in the economic literature. Whereas many earlier studies compare prevention and control for a single invading species, we focus instead on the optimal balance of adaptation and control when...