Since the 1992 Earth Summit, there have been increased efforts on an international scale to address global climate change. Reducing the increased levels of CO2 and other "greenhouse gases," which are believed to be contributing to this climatic change, will require major effort on the part of the world's governments. This means that the environmental, economic, social, and political consequences of climate change must be understood, and that strategies to mitigate climate change must also address these issues.
The workshop detailed in this book concentrated on how economic principles and analysis could contribute to the planning of forestry projects aimed at affecting terrestrial carbon balances. More than 30 international scientists came together for one week near Stockholm, Sweden and divided into working groups charged with addressing a specific issue and preparing a paper within this time frame. This book contains the majority of papers presented at this meeting, and includes both the working group papers and the individually presented papers.
Workshop Overview: Managing Terrestrial Carbon Balances Via Forestry: Economic Considerations. Working Group Papers: An Economic Approach to Planting Trees for Carbon Storage. Sequestering Carbon in Natural Forests. Consideration of Country and Forestry/Land-Use Characteristics in Choosing Forestry Instruments to Achieve Climate Mitigation Goals. Conceptual Issues Related to Carbon Sequestration: Uncertainty and Time. Individual Papers: Incorporating Climate Considerations into the National Basic Plan in Japan. Economic Impact of Climatic Change on the Global Forest Sector. Silvicultural Options to Conserve and Sequester Carbon in Forest Systems: Preliminary Economic Assessment. CO2-Taxing, Timber Rotations, and Market Implications. Compensating for Opportunity Costs in Forest-Based Global Climate Change Mitigation. Optimal Subsidies for Carbon: Cost-Effectiveness and Distributional Considerations. Carbon Sequestration and Tree Plantations: A Case Study in Argentina. The Economic and Environmental Impact of Paper Recycling. Forest Biomass-Based Mitigation Strategies: Does the Timing of Carbon Reductions Matter? Forestry Options for Sequestering Carbon in Mexico: Comparative Economic Analysis of Three Case Studies. The Physical Risks of Reforestation as a Strategy to Offset Global Climate Change. Can Recycling of Waste Help us to Sequester Carbon in Forestry? Experimental Results and Economic Visions. The Cost of Carbon Sequestration in Forests: A Positive Analysis. The Time Value of Carbon in Bottom-Up Strategies. Coercion and Enterprise in the Provision of Environmental Public Goods: The Case of Carbon Sequestration in the United States. A Dynamic Model of Forest Carbon Storage in the United States During Climatic Change. Forest Biomass as Carbon Sink-Economic Value and Forest Management/Policy Implications. Incremental Costs of Carbon Storage in Forestry, Bioenergy, and Land-Use. Assessing Timber and Nontimber Values in Forestry Using a General Equilibrium Framewo