Acosta, Montserrat; Sohngen, Brent - Agricultural and Applied Economics Association - AAEA - 2009
There is widespread recognition that forestry carbon credits can reduce the net emissions of carbon into the atmosphere …. Designing systems to sequester carbon, however, has proven difficult due to a number of efficiency issues, including leakage …. Leakage occurs when policy makers develop carbon projects in specific places which protect some parcels of land, but leave …