. In this paper, we look at both options to reach a 2°C mitigation target. This paper combines the global forest model, GTM …, forest carbon storage dominates. However, when carbon prices pass $235/tCO2, wood bioenergy with CCS becomes increasingly …

recognizing forest carbon in climate policy. Specifically, we investigate the impact of an asymmetric carbon policy that … of not recognizing positive emissions from a reduction in the stock of forest biomass, or of not recognizing negative … emissions from the growth of forest biomass. We show that asymmetric carbon policies lead to lower levels of welfare, as well as …