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 …

security policy is integrated with optimal climate change and air pollution policy, the world's oil reserves will not be …